ATF indices gain as signs of policy direction emerge

All the ATF indices gained on Wednesday, amid signs that the People’s Bank of China (PBoC) will maintain its easing stance, but will adopt a targeted rather than a broad-based monetary policy. The ATF China Bond 50, the flagship index, rose 0.02%, while the ATF ALLINDEX Corporates, Enterprise, Financial and Local Governments all gained 0.01%. The State Council’s call […]