China state-backed banks named and shamed for manipulating prices as bond rally takes toll

The central bank is seen trying to counteract forces suppressing Chinese bond yields. But in the absence of monetary tightening, a ‘short-term pause’ to the rally may be the best outcome.

China state-backed banks named and shamed for manipulating prices as bond rally takes toll

China state-backed banks named and shamed for manipulating prices as bond rally takes toll

China state-backed banks named and shamed for manipulating prices as bond rally takes toll

China state-backed banks named and shamed for manipulating prices as bond rally takes toll

China state-backed banks named and shamed for manipulating prices as bond rally takes toll