Only way to keep it going, every system is broken, keep pumping those billions and trillions into the system to keep the game afloat . China just injected a record amount of money to stimulate its economy On Wednesday, the Chinese central bank injected a net 560 billion yuan ($83 billion) into the banking system, the highest ever recorded for a single day. "At present, it is the peak of the tax period, and the total liquidity of the banking system is declining rather quickly," the central bank said in a statement on its website. In the afternoon, the yield on the 10-year Chinese government bond fell below 3.1 percent to its lowest in more than two years, according to financial database Wind. Evelyn Cheng | @chengevelyn Published 2 Hours AgoUpdated 2 Hours Ago https://www.cnbc.com/2019/01/16/chinas-central-bank-injects-record-amount-to-stimulate-economy.html
China has made about 10 stimulus "moves" trying to get its markets out of their funk. Up to this point, nothing (and the sum of previous moves) has been "enough".
Oh okay. But what does "yield on the 10-year Chinese government bond fell below 3.1 percent to its lowest in more than two years" mean?
It just means what it says: yield on the 10-year Chinese government bond fell below 3.1 percent to its lowest in more than two years. What do you mean what does it mean?
You look like a great and decent housewife with cooking skills, is that an apron you are wearing? Let's make sure you keep it that way, no need to get into a field you need to ask basic questions on a website called "elite" where 90% of the frequenters know guaranteed less than you do.