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China interbank bonds likely to correct Thu., OMO eyed

BEIJING
2015-06-04 09:12

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Bond prices on China's interbank bond market are likely to correct Thursday, with the central bank's open market operation in focus.

Traders note that as the liquidity condition still remains relatively loose, investors are focusing on what the central bank will do during its regular open market operations on Thursday in a bid to detect more trading clues. On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, ended 0.0453 percent higher at 161.656 points

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