Where Are China's Bonds And Asian Currencies Heading?

30 year Chinese government bond yields hit a record low of below 2.4% in March, almost close to dropping below 10 year yields which also hit a 22 year low. This narrowing yield differential has sparked discussions over whether the curve will flatten further or even invert. We ask Stephen Chiu, Chief Asia FX and Rates Strategist, Bloomberg Intelligence if the PBOC will change their monetary policy as a result and also his outlook for Asian currencies.

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