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China Deleveraging Hits Corporate Bonds As Cascade Effect Begins 

By: capt_nemo in POPE IV | Recommend this post (2)
Fri, 24 Nov 17 8:47 AM | 77 view(s)
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China's WMPs sold off their liquid government bonds first to meet redemptions, keeping their higher yielding corporate bonds. Now corporate bonds are selling off. It is starting to look like the early signs of cascading sell-offs in Chinese financial markets...

http://www.zerohedge.com/news/2017-11-23/china-deleveraging-shifts-corporate-bonds-cascade-effect-begins




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