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 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 Tuesday, the central bank conducted 50 billion yuan worth of 7-day reverse repos in its open market operation. On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, gained 0.0733 percent to 163.5736 points.
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