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China bonds losing their investor appeal
Yuan depreciation, falling yields due to central bank easing take away much of the shine
Published Fri, Dec 11, 2015 · 09:50 PM
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Taipei
THE two best reasons to buy Chinese bonds are fast fading.
The yuan, once Asia's best carry trade, closed at a four-year low this week and the yield advantage of China's sovereign debt over US Treasuries fell to the narrowest in five years.
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