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China's central bank halts bond buying, possibly with eye on yuan
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
China's central bank suspends treasury bond purchases
The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month. The central bank said the decision was made as demand exceeded supply on the government bond market recently,
PBOC Says It Will Temporarily Halt Buying of Government Bonds
China’s central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that have undermined the currency and sapped confidence among businesses and consumers.
China's Central Bank Suspends Government Bond Buying
The People's Bank of China said Friday that it will suspend purchases of sovereign debt this month as the supply of the bonds has fallen short of demand. Christy Tan, investment strategist at Franklin Templeton Institute,
9h
China’s Market Support Falls Short as Economic Gloom Deepens
An escalation of China’s fight against bearish traders has failed to allay fears that the world’s second-largest economy is ...
1d
on MSN
China's bond market is signaling worry over a possible decades-long economic downturn
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period ...
2d
China Market Update: No Executive Order Means No Problem For U.S. Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines ...
2h
on MSN
The chancellor's gamble with China: What price is Rachel Reeves willing to pay for closer trading ties?
The UK sticks out diplomatically and economically by refusing to impose extra tariffs on Chinese car companies. In return, ...
2h
on MSN
5 black swan events that could surprise the market this year
BCA doubled-down on its recession call for 2025, previously predicting that US stocks could drop by as much as 26% this year.
7d
on MSN
Three Issues That Could Shake China's Vulnerable Economy in 2025
This year will serve as a critical proving ground for the long-awaited stimulus measures unveiled by Beijing in recent months ...
3d
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
2d
China's economic stimulus measures since September
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
8h
on MSN
Mercedes-Benz Vehicle Sales Fell 4% in 2024 Amid Challenging Market
Mercedes-Benz car and van sales fell 4% to 2.39 million vehicles in 2024 amid a challenging global market, with top-end ...
Hosted on MSN
3d
China’s market and yuan meltdown could usher in Bitcoin-Trump rally 2.0
The start of 2025 has seen China’s market and currency woes ensue, as analysts claim these struggles could lead to a ...
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