China's central bank buys net 100 billion yuan of sovereign bonds in September - TradingView
China's central bank buys net 100 billion yuan of sovereign bonds in September - TradingView
Source: TradingView
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DW NOTE
The PBOC bought ¥100 billion net in sovereign bonds in September — not to stimulate, to cap yields while the 10-year Treasury hits 5.28% and capital looks for an exit. When your rival's risk-free rate is 528 basis points and rising, bond purchases aren't stimulus, they're damage control.