<p>State-backed bonds to support homebuilders. </p><ul><li>200bn yuan in issuance is expected in the second round for this. </li></ul><p>200bn yuan will hardly touch the sides!</p><p>China is trying everything to prop up these zombie firms:</p><ul><li><a...
The dollar is trading to the lows for the day with USD/JPY now close to clipping 147.00, down over 1% at the moment:There's a lot at stake this week when it comes to...
(Bloomberg) -- The slid and bonds rallied as traders pared bets on longer-term interest-rate hikes after the European Central Bank up by a jumbo 75 basis points for a second consecutive...
30-year gilt yields are down 10 bps on the day to 3.65% and the continued push lower is but a welcome development for UK markets in general. The fact that we have seen...
