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What does US bond ‘taper tantrum’ mean for China’s financial markets?

Summary:
[unable to retrieve full-text content]A sharp sell-off in the US Treasury bond market on Thursday – triggered by worries of higher US growth, inflation and interest rates – caused declines in financial markets around the world and evoked memories of US Federal Reserve policy moves in 2013 that resulted in a reactionary panic nicknamed the “taper tantrum”.The 10-year US Treasury yield jumped as high as 1.6085 per cent on Thursday, returning to a level last seen before the coronavirus outbreak in the United States. The resulting…

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[unable to retrieve full-text content]
A sharp sell-off in the US Treasury bond market on Thursday – triggered by worries of higher US growth, inflation and interest rates – caused declines in financial markets around the world and evoked memories of US Federal Reserve policy moves in 2013 that resulted in a reactionary panic nicknamed the “taper tantrum”.The 10-year US Treasury yield jumped as high as 1.6085 per cent on Thursday, returning to a level last seen before the coronavirus outbreak in the United States. The resulting…

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