China’s Strategic $56.3 Billion Bond Purchase

In a significant financial maneuver, the People’s Bank of China (PBOC) has made headlines with its purchase of $56.3 billion worth of government bonds, marking its first such acquisition in nearly two years. This strategic decision has reignited discussions about potential intervention in the domestic debt market. The PBOC’s action involved the procurement of 10-year [...]The post China’s Strategic $56.3 Billion Bond Purchase appeared first on Tekedia.

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