While US Treasuries remain at the centre of a global bond sell-off despite efforts by US Treasury Secretary Scott Bessent to calm the market, investors in China are rushing to buy domestic government debt.
While US Treasuries remain at the centre of a global bond sell-off despite efforts by US Treasury Secretary Scott Bessent to calm the market, investors in China are rushing to buy domestic government debt.
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While US Treasuries remain at the centre of a global bond sell-off despite efforts by US Treasury Secretary Scott Bessent to calm the market, investors in China are rushing to buy domestic government debt. After China's Ministry of Finance issued a fresh batch of savings bonds worth up to 55 billion yuan (US$8.2 billion) on Thursday, domestic buyers took to social media to share tips on how to secure them and voice frustration at how quickly the allocations had run out.
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