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Top 7 effects of rate cut on people's life

Updated: 2014-11-25 07:35 (chinadaily.com.cn)
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4. Bond market will remain bullish in longer term

Analysts expect the bond market to remain bullish in longer term after the rate cut, following the recent month-long rally.

Wuhao, analyst at Everbright securities, said to Guangzhou Daily that the adjustment of loan-to-deposit ratio will squeeze demand for bonds, but with the Central Bank's primary goal to lower financial cost, the bond market will retain strong momentum in longer term.

 

Top 7 effects of rate cut on people's life

People wait outside a bank to buy treasury bonds in Shanghai on the early morning of April 10, 2012. [Photo/IC]

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