China Money-Market Rate Posts Biggest Weekly Drop Since AugustBy
PBOC cut benchmark interest rates for the sixth time in a year
Ten-year sovereign bonds fall, halting nine weeks of gains
China’s benchmark money-market rate had the biggest weekly decline since August after the central bank eased monetary policy to spur economic growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.