If you see bond yield diffs btw US-Ch as driver, there is currently room for a lot more Renminbi appreciation!

If you see bond yield diffs btw US-Ch as driver, there is currently room for a lot more Renminbi appreciation! Since 2019 a 2% margin in favor of China bonds has opened up.
@ANZResearch via @SoberLook https://t.co/SAipAzJYaw

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