Bond Traders Love the Fed. The PBOC? Not So Much
Pedestrians wearing protective masks walk past the People’s Bank of China building in Beijing, China. (Photographer: Qilai Shen/Bloomberg)

Bond Traders Love the Fed. The PBOC? Not So Much

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(Bloomberg Opinion) -- Traders are getting grumpy. Just when the Federal Reserve is buying U.S. corporate bonds and stabilizing markets, the People’s Bank of China appears to be engineering money m...
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