According to Golden Ten Data, on May 12, China’s central bank emphasized implementing a moderately loose monetary policy with enhanced foresight, flexibility, and precision. The central bank also plans to reform the Loan Prime Rate (LPR) framework to improve quotation quality.
Simultaneously, the Ministry of Finance announced plans to issue 90 billion yuan in 2026 government bonds across ten tranches. In international markets, UK gilt yields surged to a 28-year high amid political uncertainty.
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