GS--Asia Credit Trader_ Better Value In Bank Capital Securities Over Corporates
应用介绍
A volatile week in Asia credit, though we see the spread
widening as a healthy correction. A major focus in the
coming weeks will be details on further China policy easing.
Our China economics team believes an additional RMB1-2tn
ultra-long-term central government special bond quota by
year-end is likely, and should support our view that Asia
credit spreads can stay lower for longer. Furthermore, with
our US economics team reducing their 12-month US
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