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.