China Repo Rates Soar To 15 Month High After PBOC Warns Of Asset Bubbles, Drains Liquidity
Jan 26th 2021 9:04am EST
China Repo Rates Soar To 15 Month High After PBOC Warns Of Asset Bubbles, Drains Liquidity China’s money market rates surged after the People’s Bank of China drained cash from the financial system, just as a central bank adviser warned about bubbles in markets. The overnight repurchase rate soared 28 basis points to 2.77%, the […]
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