For weeks the People’s Bank of China has voiced concern about a bubble forming in the country’s sovereign bond market. Now it has moved from talking about the problem to arming itself for its first direct market intervention in decades.
數週來,中國央行一直在就中國國債市場發聲,稱其擔心這個市場正在形成泡沫。現在,它已從談論這個問題,發展到著手準備對國債市場進行幾十年來的首次直接干預。
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