China Local Yuan Junk Debt in Worst Selloff Since 2014Bloomberg News
Onshore AA- yuan bond yield spread rises 17 basis points
`We should avoid junk bonds,' says HFT Investment Management
China’s onshore yuan high-yield bonds are in the midst of their worst two-month selloff since the end of 2014 and investors say they have yet to fully price in the risk of defaults as the economy slows.
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.