China's Worst Bond Rout in a Decade Seen Worsening on Rules
- Shanghai Silver Leaf says demand for corporate bonds to drop
- Steps come amid the worst company note rout since at least ’08
Why the Global Bond Selloff Is Likely to Resume
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The prospect of new rules in China on asset management products is sparking speculation that the worst corporate bond rout in a decade is about to get even worse.
Such concern is spreading a day after people familiar with the matter said the nation’s regulators are drafting new regulations for asset-management products, including banning third-party managers from investing some funds in other firms’ products. The plans flag the possibility that authorities may unveil stricter steps to cut leverage throughout the nation’s credit markets.