Global Markets

PBOC and local banks boost their holdings of onshore forwards.

PBOC and local banks boost their holdings of onshore forwards.

Uncertainty about the U.S. debt ceiling pushes short-term bill rates higher.

Uncertainty about the U.S. debt ceiling pushes short-term bill rates higher.

But Americans couldnt care less.

With debt ceiling looming, U.S. Treasury sells fewer bills than in any auction since 2001, delays release of auction results for half an hour.

With debt ceiling looming, U.S. Treasury sells fewer bills than in any auction since 2001, delays release of auction results for half an hour.

Chinese government is reportedly easing rules on corporate bond market to help cash-strapped companies make it through tight economy.