2022.8.29
RRR Cut in H2 2022 Expected to Drive 10-year CGB Yield up Slightly to Around 2.9%
Hong Kong, 29 August 2022 -- The Research Institute of China Chengxin International Credit Rating Co., Ltd. (hereinafter referred to as “the CCXI Research Institute”) recently released a report titled “Bond Yield May Rise Slightly to 2.9% as Funding Prices Fall Across the Board Amid Monetary Easing: H2 2022 Outlook for Monetary Policy and Interest Rate Bonds. According to the report, the monetary policy in the second half of the year is expected to adhere to the “China-centric” approach, with stability at the forefront.