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China one year bond yield drops to 1%, first time in 15 years

by Investor News Today
December 20, 2024
in Investing
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China one year bond yield drops to 1%, first time in 15 years
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China one 12 months bond yield drops to 1%, first time since 2009.

Earlier right this moment we had the 1- and 5-year charges set unchanged:

  • PBOC sets 1 year Loan Prime Rate (LPR) at 3.1% and 5-year at 3.6%, both unchanged

No discount regardless of ongoing easing strain. The Folks’s Financial institution of China appears very involved that additional price cuts would immediate additional yuan weak spot and capital flight.

This text was written by Eamonn Sheridan at www.forexlive.com.



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