Surprise! Chinese Junk Bonds Yield Less Than US Treasuries
Sep 18th 2022 8:00pm EDT
Surprise! Chinese Junk Bonds Yield Less Than US Treasuries Authored by Ye Xie, Bloomberg Markets reporter, Three things we learned last week: 1. The policy divergence between the world’s two largest economies has been so extreme that it has yielded another market milestone. As China keeps borrowing costs exceptionally low, yields on onshore junk bonds […]
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