Heard on the Street: Say hello to the Chinese bonds that just arrived in your portfolio
From April 1 onward, many investors will start to own Chinese bonds for the first time, making them creditors to the government in Beijing and state-owned policy banks.
That’s because China has been admitted to the Bloomberg Barclays Global Aggregate Index, which began its life as the Lehman Aggregate Bond Index. It will give many debt investors their...
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