A demand gauge for China’s benchmark sovereign bond auction hit an all-time high on Wednesday, signaling strong investor appetite for the securities. This points to improved absorption/liquidity expectations for the new issuance, though the report is largely technical rather than a full macro or policy update.
A demand gauge for China’s benchmark sovereign bond auction hit an all-time high on Wednesday, signaling strong investor appetite for the securities. This points to improved absorption/liquidity expectations for the new issuance, though the report is largely technical rather than a full macro or policy update.
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mildly positive
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0.35
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