Lates News

Goldman Sachs: It is expected that the yield on China's 10-year government bonds may fluctuate within the range of 1.7% to 1.8%. The recent increase in interbank repo rates is a return to normal liquidity rather than the beginning of a tightening cycle. A narrower and more symmetrical overnight rate corridor should provide a stronger bottom support for short-term rates. This means that the possibility of funds rates returning to the lows of April and May without a rate cut is low. There is still room for bond yields to decline in the medium term.