Markets > Bonds

China interbank bonds likely to correct Mon., on seesaw effect

BEIJING
2015-07-13 09:06

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Bond prices on China's interbank bond market are likely to correct Monday on seesaw effect. Traders noted that bonds were under selling pressure, as investors flowed into the country's sharply rebounding stock markets in a bid to grab higher returns, which might further weigh on bond prices.

On last Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, dropped 0.0785 percent to 162.7567 points.

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