Bond prices on China's interbank bond market are likely to correct on Tuesday, with the central bank's open market operation in focus.
Traders note that investors are focusing on what the central bank will do during its regular open market operations on Tuesday in a bid to detect more trading clues. In last week, the People's Bank of China, China's central bank, injected a net 50 billion yuan into the money market via its open market operations.
On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, ended 0.2583 percent higher at 162.4482 points.
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