China s 50 year bond yield drops at sale as pboc pumps more cash.

China's debt costs dropped at a sale of 50-year government bonds amid speculation the central bank will ensure ample fund supply to support the economy. "The central bank is trying to lower funding costs in a slowdown, hoping to improve liquidity and boost investments", said Cao Yang, an analyst at Shanghai Pudong Development Bank Co. in the eastern coast of China. [Extracted from the article]

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