The central bank temporarily suspends bond purchases, causing government bond yields to rise rapidly and the offshore yuan to jump by a hundred points
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The central bank announced a temporary suspension of government bond purchases, resulting in a 4 basis point increase in the yields of 5-year and 10-year government bonds, and a 3 basis point increase in the 30-year yield. Meanwhile, the offshore renminbi rose nearly 100 points against the US dollar, reported at 7.3472. Market risk warning, investment should be cautious
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