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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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From: S. maltophilia7/16/2022 3:41:38 PM
1 Recommendation

Recommended By
Secret_Agent_Man

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....Yet stocks are a sideshow. Country Garden bond (3 1/8% 2025) yields surged 11.5 percentage points (1,543bps) this week to a record 41.02%, with a two-week gain of over 14 percentage points (1408bps). Longfor bond yields this week surged 13 percentage points to 116%. This is a top-five Chinese developer whose bond yields began the year around 7%. Sunac, another top developer, saw its bond yields jump 600 bps this week to 112% (began the year at 22%). And let's not forget #3: Evergrande yields rose another 358 bps this week to 141%. Basically, the market is.......

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