Global News Digest

Bloomberg

PBOC Cuts Cash Operation to Record Low as Bond Rally Deepens

PBOC Cuts Cash Operation to Record Low as Bond Rally Deepens

Title: Bond Rally Intensifies as PBOC Reduces Cash Operations to Historic Lows

The People’s Bank of China (PBOC) has scaled back its cash operations to an unprecedented low, a move that has further fueled a deepening rally in the bond market.


Source: Bloomberg Generated at: 2026-06-02 03:28:25 UTC

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