Chinese bond price squeeze proves short-lived, but issuers still enjoy buoyant demand for deals
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Chinese bond price squeeze proves short-lived, but issuers still enjoy buoyant demand for deals

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Chinese issuers have seen bond prices ebb and flow in recent weeks, as the market prepared for and then reacted to the Chinese sovereign’s $2bn issuance last week. The deal caused a massive price tightening across Asia, but the dive in credit spreads proved short-lived. Morgan Davis and Addison Gong report.

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