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2024-06-20 09:45:18

bloombergytbot on Nostr: Here's your summary from Markets in 2 Minutes: Chinese Yields' Downward Spiral Hits ...

Here's your summary from Markets in 2 Minutes: Chinese Yields' Downward Spiral Hits Yuan (https://www.youtube.com/watch?v=zfo3etyTzPo) on the Bloomberg Television channel:
**TLDR:** Chinese markets are experiencing a downward spiral in yields, leading to pressure on the yuan due to expectations of slower growth and weaker inflation.

1. Chinese authorities may need to deliver stimulus to prevent the continuation of the downward spiral in yields.
2. Investors are piling into bonds in China, anticipating poor growth outlook and alternative asset performance.
3. In contrast, US Treasury market yields are starting to come off this year's highs, with expectations of two rate cuts from the Fed and potential for lower yields throughout the year.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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