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China interbank bonds likely to correct Wed., amid profit-taking sentiment

BEIJING
2015-05-20 09:03

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Bond prices on China's interbank bond market are likely to correct Wednesday amid profit-taking sentiment. Traders noted that investors tended to sell their inventory and take profit after the bond market underwent a bout of rally in recent days, which might to some extent weigh on bond prices.

On Tuesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, dipped 0.0839 percent to close at 161.8446 points.

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