SHANGHAI -- China's real estate slump is driving money into government bonds for lack of a better investment destination, pushing yields to record lows and spurring the People's Bank of China to hint that it could step in.
Bonds
China investors snap up government bonds, prompting central bank warning
Real estate slump drives smaller bank money into safe debt, overheating market
The People's Bank of China has hinted that it might intervene to boost government bond yields that recently slid to record lows. © Reuters
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