Some institutions received regulatory reminders by name, asked to strengthen bond investment risk management

PANews reported on October 15, citing Zhitong Finance, that long-term bond yields have accelerated downward this week. As of the close on October 14, the 10-year government bond yield stood at 1.64%, approaching a historical low. The reporter learned from multiple informed sources that, in response to the noticeably heating up trading activity in long-term government bond yields recently, some brokerages and banks received reminders by name from regulators, requiring relevant institutions to strengthen bond investment risk management. Some industry insiders believe that the central bank has repeatedly stated it will strengthen macroprudential management of the financial market and is paying close attention to market conditions. It cannot be ruled out that macroprudential management measures will subsequently be taken against institutions with overly aggressive trading behavior.