Bond prices on China's interbank bond market are likely to correct Tuesday, with the central bank's open market operation in focus.
Traders noted that as there are as much as 230 billion yuan worth of reverse repos due this week, investors were focusing on what the central bank would do during its scheduled regular open market operations (OMO) Tuesday, hoping to detect more trading clues. On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, added 0.0557 percent to 164.7627 points.
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