Reuters (March 23)
2020/ 03/ 24 by jd in Global News
“China is consciously uncoupling from Western peers on rates. Its central bank has held lending benchmarks steady as global peers slash…. The People’s Bank of China’s relative immobility has surprised many economists…. The spread between 10-year Chinese government bonds and U.S. Treasuries is nearly two percentage points, its widest since 2015.”
Tags: Benchmarks, Central bank, China, Economists, PBOC, Rates, Spread, Steady, U.S., Uncoupling, Western
