Authorities in China continue to do everything they can to derail the country's globally synchronized bond rally. It continues to hit record low yields anyway in spite of increasingly desperate government efforts. But why? More ugly data on banks, incomes, and Chinese jobs shows bonds are right, and not just about what's already happened to this point.

Eurodollar University's Money & Macro Analysis

China Xinhua Xi Jinping presided over a symposium on comprehensively promoting ecological protection...
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Bloomberg PBOC’s China Bonds See Trading Surge in Sign of Intervention
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Bloomberg China’s Deflationary Spiral Is Now Entering Dangerous New Stage
https://www.bloomberg.com/news/articles/2024-09-09/china-s-deflationary-spiral-is-now-entering-dangerous-new-stage

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China's Economic Crisis Just Got a Whole Lot Worse 19:42 Share

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China's Economic Crisis Just Got a Whole Lot Worse