China finance ministry has said it is in favor of the PBOC resuming trading Treasury bonds

The Wall Street Journal (gated) carry the report:

  • China’s Ministry of Finance said that they would support the People’s Bank of China gradually restarting to trade Treasury bonds in open-market operations as they look to better coordinate the country’s fiscal and monetary policies

The remarks were published in the state-run People’s Daily on Tuesday.

The PBoC resuming trading in bonds would help boost liquidity in the economy.

More at that link above if you can access it.

This article was written by Eamonn Sheridan at Source