China one 12 months bond yield drops to 1%, first time in 15 years

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 units 1 12 months Mortgage Prime Price (LPR) at three.1% and 5-year at three.6%, each unchanged

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

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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