PBoC official: debt market default risks are rising

Market news

18 March 2019

PBoC official: debt market default risks are rising

grey rhino risks in key areas are rising
risks in local government hidden debt, bond defaults and property market could trigger financial risks
should prevent household leverage ratios too fast
stability of yuan exchange rate, forex reserves faces pressure
will step up monitoring of stock, bond, forex markets

Brexit still weighing, but UK economy to avoid Q1 stall - RBC

Fed expected to hit rate cycle’s peak after one more hike - survey

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