- Citigroup advises investors to buy 30-year Chinese government bonds.
- The bank expects lingering weakness in China's economy to support demand for long-dated government paper.
- Tapering supply of longer-term Chinese debt reinforces the demand case for 30-year bonds.
Quotes
“Citigroup Inc. is advising investors to buy 30-year Chinese government bonds as it expects lingering weakness in the economy and tapering supply of longer-term debt to boost demand for the paper.”