Proceedings of the 2022 International Conference on Social Sciences and Humanities and Arts (SSHA 2022)

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Chinese & American Bond Market

Authors
Chengyao Xu1, *, Wenhe Yu2, Xiqian Wang3, Siqi Hu4
1School of business, University of Alberta, Edmonton, Alberta T6G2R3, Canada
2Qingdao No.1 International School of Shandong Province, Qingdao, Shandong 266101, China
3School of Social Science, university of California, Irvine, California 92614, USA
4Jinan Foreign Language International, Jinan, Shandong 250108, China
*Corresponding author. Email: cx4@ualberta.ca
Corresponding Author
Chengyao Xu
Available Online 8 April 2022.
DOI
10.2991/assehr.k.220401.108How to use a DOI?
Keywords
Government bond; economy development; yield to maturity; differences; liquidity
Abstract

The global economy is in a phase of rapid development. The bond market is undoubtedly an important part of the economic environment, and both China and the United States have some of the largest bond markets in the world. In this work, the differences between the bond markets in two countries are discussed. By focusing on the government bond market, this paper look at the effects of yield, policy, and market regulation on the two bond markets. Compared with the United States, Chinese bond market is more influenced by national policies and market supervision, which may lead to increased risks and reduced predictability in China’s bond market. At the same time, Chinese bond market is not liquid, and Chinese bond yield does not play the role of market pricing like the US bond yield. This paper is a reference for the study of the respective characteristics of the economic development of the two countries.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 International Conference on Social Sciences and Humanities and Arts (SSHA 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
8 April 2022
ISBN
10.2991/assehr.k.220401.108
ISSN
2352-5398
DOI
10.2991/assehr.k.220401.108How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Chengyao Xu
AU  - Wenhe Yu
AU  - Xiqian Wang
AU  - Siqi Hu
PY  - 2022
DA  - 2022/04/08
TI  - Chinese & American Bond Market
BT  - Proceedings of the 2022 International Conference on Social Sciences and Humanities and Arts (SSHA 2022)
PB  - Atlantis Press
SP  - 570
EP  - 573
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220401.108
DO  - 10.2991/assehr.k.220401.108
ID  - Xu2022
ER  -