Fed Fallout Escalates: China Bond Market Crashes Most On Record, Yuan Plunges
Fed Fallout Escalates: China Bond Market Crashes Most On Record, Yuan Plunges by Tyler Durden, www.zerohedge.com After a bubblicious surge higher over the last few months (as China’s hot money swishes from one trending-higher market to another), China’s bond market is collapsing. As Chinese money-markets tighten into new year, yuan weakens, and capital outflows …