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3rd Jul 2024 20:06China+Daily Monitor

  • The PBoC announced last week it will borrow government bonds from primary dealers…
  • ...The Bank is likely to short bonds to drive up 10-year yields to 2.5% in H2, supporting CNY.
  • The Caixin service s PMI dipped in June, as tourism activity cooled during the off-season.

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Keywords for: 8 July 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence