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China finance ministry has said it is in favor of the PBOC resuming trading Treasury bonds
The Wall Street Journal (gated) carry the report: • China's Ministry of Finance said that they would support the People’s Bank of China gradually restarting to trade Treasury bonds in open-market operations as they look to better coordinate the country’s fiscal and monetary policies. The remarks were published in the state-run People’s Daily on Tuesday. The PBoC resuming trading in bonds would help boost liquidity in the economy.