Wednesday: Hot US retail sales drive yields up

The bond market selloff resumed in earnest overnight after better than expected US retail sales figures In part two of our bonus deep-dive interview, ANZ’s Chief Economist for Greater China Raymond Yeung looks at how China might fix the debt problems at its Local Government Financing Vehicles (LGFVs). Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/