Chinese Bonds See No Haven Demand From Stock Losses on PBOC Bets
China’s stock and bond markets are decoupling, breaking the inverse correlation where debt traditionally rises when equities fall, as bets on monetary easing take a backseat.
By Charlie Zhu, Wenjin Lv, Jing Zhao · Bloomberg Markets
China’s stock and bond markets are decoupling, breaking the inverse correlation where debt traditionally rises when equities fall, as bets on monetary easing take a backseat.