Global investors drive record inflows into Chinese bonds in July

The Business Times | Aug 2, 2020 at 2:00 AM
  • Foreign investors made record net purchases of Chinese bonds traded through the country’s Bond Connect programme in July, boosted by record yield premiums over US debt.
  • The Fed on Wednesday kept interest rates near zero and pledged to continue pumping money into the economy as the Covid-19 pandemic wreaks havoc on business and consumer spending.