China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China Bonds Rally as Bank Deposit-Rate Cuts Fuel Easing Bets

China Bonds Rally as Bank Deposit-Rate Cuts Fuel Easing Bets

May 11, 2023
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China Daily Reads
China Daily Reads
China Bonds Rally as Bank Deposit-Rate Cuts Fuel Easing Bets
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  • Big banks to cap some rates at 10 basis points above benchmark

  • Move follows rounds of deposit rate cuts at smaller banks

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