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 though capital prices in the money market declined across the board on Monday after the Chinese central bank cut both the benchmark interest rates and required reserve ratio (RRR) last week, investors are still keeping a close eye on the results of Tuesday's open market operations (OMOs) so as to find out more trading clues.
On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, soared 0.1692 percent to 166.9577 points.
Latest comments