Bond prices on China's interbank bond market are likely to correct Wednesday amid investors' pessimism on the outlook of bond market. Traders noted that the country's bond market will face heavy supply pressures in the near future, which together with a habitual liquidity crunch in April, might to some extent press down bond prices.
On Tuesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, added 0.0003 percent to close at 158.7377 points.
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