Thursday, December 15, 2016

China Halts Trading In Bond Futures 
After Record Bond Market Crash
"The crash happened just two weeks after we warned that as a result of the PBOC's imprudent recent tightening of financial conditions, the central bank was practically begging for a bond market crash, one which Janet Yellen was happy to catalyze with the Fed's rate hike and hawkish language. As the chart above shows, a crash is precisely what China got."
LINK HERE to the analysis

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