Indexology®: Chinese Bonds Rose After China Rate Cut
August 30, 2015 at 07:00 AM EDT
China announced another policy rate and RRR cut this week. The one-year deposit and lending rates were lowered by 25bps to 1.75% and 4.65%, while RRR is reduced by 50bps to 18%. These measures aim to offset increased capital outflow and stabilize the economy. While investors should remain cautious...