SHANGHAI -- As long-term government bond yields in China hover near a record low, authorities are scrambling to head off a bubble in the market that could put banks at risk, with limited success so far.
Bonds
China central bank fears Silicon Valley Bank redux as yields sink
PBOC rushes to curb possible bond bubble via guidance and regulatory enforcement
Banks in China's Jiangsu province have been accused of manipulating government bond prices. (Photo by Noriyuki Doi)
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