(Bloomberg) -- Taiwan's central bank confirmed it investigated bond trading companies on suspicion of price manipulation, pushing up 10-year yields by the most in a year.
``Yesterday, we inspected several bond traders to see if any abnormal transactions occurred,'' Alan Chiu, deputy director- general of the bank's examination department, said in an interview in Taipei today. ``Government bond yields failed to follow the central bank's policy in raising rates. We feel the yields have been twisted.''
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment