SHANGHAI/HONG KONG -- China's government bond yields edged lower for the second day in a row on Wednesday, despite a declaration that measures to lift them were working, highlighting the challenge authorities face in cooling the market while spurring the economy.
Bonds
Chinese central bank crackdown shakes bond market
Yields fluctuate after PBOC says measures have restored 'reasonable levels'
A worker cleans windows in Beijing's Central Business District. Chinese authorities are struggling to keep the bond market under control. © Reuters
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