Bond prices on China's interbank bond market are likely to correct on Tuesday, with the central bank's open market operation in focus. Traders noted that investors are keeping a close watch on Tuesday's open market operations, hoping to find out more trading tips.
On Sunday, Chinese central bank posted on its website a 25 basis points (bp) cut of the benchmark interest rates starting from Monday. ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator jumped 0.0769 percent to 160.9652 points on Monday.
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