While the US Federal Reserve is in the midst of raising its interest rates and the European Central Bank is ending its quantitative easing programme, the People's Bank of China has taken steps to inject liquidity into China’s economy to counteract a slowdown. Photo: Reuters

How China’s bond market is bucking the trend in global sell-offs

Nicholas Spiro says China, seemingly alone among major players, is seeing lower yields in its bond market due to an influx in foreign investment and more liquidity from the central bank

Topic |   Macroscope

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While the US Federal Reserve is in the midst of raising its interest rates and the European Central Bank is ending its quantitative easing programme, the People's Bank of China has taken steps to inject liquidity into China’s economy to counteract a slowdown. Photo: Reuters
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