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Chinese yields cast doubt on 'V' bottom
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Chinese yields cast doubt on 'V' bottom

Our Correspondent
Jun 16, 2009
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Chinese yields cast doubt on 'V' bottom
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To judge from the performance of the Shanghai stock market, which as of the June 12 close is up 50 percent year-to-date, you might think that a 'V'-shaped bottom for the Chinese economy was all but a foregone conclusion. But China's interbank bond yields have been telling a somewhat less optimistic story.

While the yield curve, measured by the difference…

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