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 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. Last week, the People's Bank of China, China's central bank, did not inject any liquidity into the local money market.
On Monday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, strode down 0.3031 percent to close at 166.541 points.
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