(Bloomberg) Traders are ramping up bets on more monetary easing in China this year, as a feeble economic recovery heaps pressure on authorities to cut interest rates and provide ample liquidity.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandConfidential Jeffrey Epstein Documents Unsealed by New York CourtTech’s Losing Streak Extends Ahead of Jobs Test: Markets WrapDeadly Iran Blasts and Red Sea Wa
China s government bonds
extended gains on Friday, with 10-year yields touching the
lowest in nearly four years, on rising expectations of more
stimulus to aid the country s recovery. . -January 04, 2024 at 10:13 pm EST
- MarketScreener
(Bloomberg) China’s central bank may cut the reserve-requirement ratio for major banks as soon as this month in an effort to boost lending and revive momentum for the economic recovery. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceHere Are the 78 Charges Trump Now Faces, a