China won’t ban bond trading but sees risk in buying frenzy

The People’s Bank of China clarified that it does not intend to ban legitimate investments or trading in government bonds but issued warnings to smaller financial institutions over the risks of rapidly increasing their holdings of long-dated securities. The People’s Bank of China clarified that it does not intend to ban legitimate investments or trading in government bonds but issued warnings to smaller financial institutions over the risks of rapidly increasing their holdings of long-dated securities.  Economic Times