PBOC injects 20bn yuan via 7-day reverse repos

People's Bank of China has drained a net 645bn yuan for the week via OMOs, was a 180bn net injection last week

That's the biggest drain of net funds via open market operations for 4 months

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Meanwhile, in Japan:

  • 10 year JGB yield hits a record low yield, below minus 0.285%
  • 2 year falls to record minus 0.355%

Glad to see we are back to normal in Japan then. 'Normal'. LOL.