World is not ready for China's entry to global bond indices

The infrastructure is getting there but where are the people who understand how to use it? UBS Asset Management’s head of fixed income for Asia remains to be convinced.

As April Fools' Day jokes go, they potentially do not get much bigger than China’s inclusion into three of Bloomberg’s bond indices. And it is certainly not one that any financial market participant wants to be on the receiving end of as they watch Chinese bonds start to take their rightful place on the international stage.

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