The 5-year and 10-year government bond yields rose by 4 basis points intraday, while the 30-year yield increased by 3 basis points.
The offshore RMB against the US dollar rose nearly 100 points in the short term, reported at 7.3472.
Earlier, the People's Bank of China announced that it has decided to temporarily suspend the purchase of government bonds in the open market.
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YINN

YANG

The central bank announced a temporary suspension of government bond purchases, resulting in a 4 basis point increase in the yields of 5-year and 10-year government bonds, and a 3 basis point increase in the 30-year yield. Meanwhile, the offshore renminbi rose nearly 100 points against the US dollar, reported at 7.3472. Market risk warning, investment should be cautious