Chinese Bond Market Records Fourth Month of Foreign Outflows

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Chinese Bond Market Records Fourth Month of Foreign Outflows
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May marked a fourth straight month of outflows from Chinese yuan-denominated bonds

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Foreign investors cut their holdings of Chinese bonds by another $16 billion in May, a month that saw the yuan, as institutions continued to shift money into other assets that offer better returns.

, and took the total drawdown since February to about $61 billion.

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