CLSA’s Wood tips US policy reversal, favours China govvies
The Federal Reserve may well rethink its tightening plans amid the continued market liquidity crunch, says CLSA's global equity strategist, who is bullish on Chinese government bonds.
The US will likely have to reverse its policy on raising interest rates this year and return to monetary easing, said CLSA global equity strategist Christopher Wood, who favours Chinese onshore government bonds as a result.
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