Total Derivatives: PBoC expectations steepen CNY curve

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Total Derivatives: PBoC expectations steepen CNY curve

China flag resized 230px

A weak Chinese manufacturing report has triggered offered-side interest in 5-10 year CNY swaps. But the curve has steepened on short-end outperformance backed by expectations of further monetary easing measures by the People's Bank of China (PBoC), writes Deirdre Yeung of Total Derivatives.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
Gift this article