China’s Surprise Rate Cut Sparks Drop in Key Bond Yield and Yuan The recent surprise rate cut by the People’s Bank of China (PBOC) has sent shockwaves through the Chinese market. The aim was to stimulate economic growth, but it has led to unintended consequences. The benchmark government bond yield has plummeted to a three-year
Related Articles
The post China’s Surprise Rate Cut Sparks Drop in Key Bond Yield and Yuan appeared first on Xtreamforex.