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China interbank bonds likely to correct Thu., OMO eyed

BEIJING
2015-05-21 09:07

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Bond prices on China's interbank bond market are likely to consolidate Thursday amid wait-and-see sentiment. Traders noted that investors still chose to sit on the sidelines awaiting what the central bank will do during its regular open market operations on Thursday, as they detected no clear clues to guide their trading at present. On Wednesday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, squirmed up 0.008 percent to 161.8576 points.

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