If You Thought China's Equity Bubble Was Scary, Check Out Bonds

Updated on
  • Debt prices surge as PBOC eases and funds shift from stocks
  • China's boom is at odds with world as CDS show rising risks

Is a Bubble Forming in China's Bond Market?

As a rout in Chinese stocks this year erased $5 trillion of value, investors fled for safety in the nation’s red-hot corporate bond market. They may have just moved from one bubble to another.

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