Friday, May 20, 2022

China Isn't Showing Certain Trading Data After a Record Bond Selloff

China Isn't Showing Certain Trading Data After a Record Bond Selloff
  • China just saw a record bond sell-off
  • Now its main trading platform isn't publishing foreign debt trades, report says.
  • BlackRock last week forecasted a "rapidly worsening" outlook for the world's second-largest economy.
  • After record net sales of sovereign debt, China's primary bond trading platform for foreign investors hasn't published transaction data in a week, Bloomberg reported Tuesday.
  • Turmoil across Chinese markets has escalated due to COVID-19 lockdowns, and the lack of data reporting raises questions about China's transparency into its debt market.

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