DailyBubble News
DailyBubble News

China’s Steps to Cool Bond Rally Sap Demand for Wealth Products – Yahoo Finance

China is taking measures to cool down the bond rally, which is impacting the demand for wealth products in the country. The government’s actions are aimed at stabilizing the bond market and preventing excessive speculation. This is leading to a decrease in demand for wealth products, as investors are becoming more cautious. The steps taken by China are necessary to prevent risks and ensure stability in the financial sector.

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