The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters
The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters

China’s record bond market rally has further upside for Citic in grim reminder of economic fallout

  • Ten-year bond yield could fall to as low as 2.2 per cent, as PBOC is seen cutting benchmark rate for the first time in five years: Citic Securities
  • China is set to miss its annual growth target this year as waning external demand weighs, HSBC Jintrust Fund says

Topic |   China stock market
The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters
The People's Bank of China could lower its benchmark interest rate for the first time in five years after the Politburo hinted at the possibility this month. Photo: Reuters
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