Investors Find New Safe Place to Hide: Chinese Bonds - News Summed Up

Investors Find New Safe Place to Hide: Chinese Bonds


Investors seeking shelter from the turbulence in markets have found a new haven: Chinese sovereign bonds. Foreign capital flowed into locally denominated Chinese government bonds in the second quarter at the fastest pace since late 2018, according to data from CEIC, an economic data provider. It surpassed 4.3 trillion yuan ($619 billion), the highest on record. International...


Source: Wall Street Journal July 13, 2020 09:33 UTC



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