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DeepNewz, mobile.
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Chinese regulators are concerned about a potential financial crisis triggered by a rally in Chinese government debt. The regulators fear that regional banks' increasing appetite for long-dated sovereign bonds could lead to a situation similar to the collapse of Silicon Valley Bank. The bond rally in China is seen as a precursor to potential challenges for the Yuan.
Could China be looking at its own version of an SVB-like meltdown? https://t.co/3QBeTTQeyE
Relentless Chinese Bond Rally Hints at Yuan Challenge Ahead https://t.co/u5fhBmHZhx
"A rally in Chinese govt debt has sparked alarm among regulators, who worry regional banks’ appetite for the bonds risks a crisis similar to the collapse of Silicon Valley Bank last yr...Long-dated sov bonds are more vulnerable to moves in IRs" https://t.co/PdMeEgrG60
