A man walks past an advertisement promoting China's renminbi (RMB) or yuan, U.S. dollar and Euro exchange services at a foreign exchange store in Hong Kong. China’s government bonds tumbled by their daily allowable limits on Thursday after the US Fed foreshadowed three possible interest rate increases in 2017, one more than consensus. Photo: Reuters

China’s government bonds tumble after US Fed’s hawkish inflation outlook

Benchmark 5-year and 10-year bond futures plunged by their daily allowable limit for the first time on record

Topic |   Bonds

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A man walks past an advertisement promoting China's renminbi (RMB) or yuan, U.S. dollar and Euro exchange services at a foreign exchange store in Hong Kong. China’s government bonds tumbled by their daily allowable limits on Thursday after the US Fed foreshadowed three possible interest rate increases in 2017, one more than consensus. Photo: Reuters
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