Does China's Debt Bomb Mean Exploding Bonds?
As investors drive bond yields across the world to record lows, China is going the other way. The nation’s 10-year government bond yield has risen 13 basis points this year to 2.95 percent through Monday, the only increase among similar-maturity sovereign debt in the world’s 15 biggest economies. Chinese bonds have sold off amid concern that rising inflation, stabilizing growth and an overheating property market will halt further monetary easing. Credit Suisse Senior Advisor Bob Parker discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."
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Bloomberg Markets: Balance of Power 9/18/2017
10:13 - Guests include: Organization for Economic Cooperation and Development Secretary General Angel Gurria, Congressman John Delaney, a Democrat from Maryland (Source: Bloomberg)