Bond prices on China's interbank bond market are likely to correct Monday amid investors' low trading morale. Traders noted that China's bond market players were not clear about the future bond market trend thus it is natural for them to avoid heavy bond purchases especially after Chinese central bank's reported directive repos to some large banks. On last Friday, ChinaBond New Composite Total Return Index, a broadly-based market sentiment indicator, lost 0.0658 percent to 161.5317 points.
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