China Does U-Turn on Bond Feeds After Sudden Halt Roiled Market
- Brokers allowed to resume providing prices to data vendors
- Suspension had caused confusion, plunge in trading volumes
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Traders in China were able to access widely used bond price feeds again after an abrupt suspension of the data earlier in the week roiled the $21 trillion market.
At least three data vendors were showing bond quotes on Friday for the first time since Tuesday, according to a company statement and screenshots seen by Bloomberg. The resumption came after the regulator told some brokers they could restart providing feeds to financial data platforms, Bloomberg reported earlier.