Evergrande Woes Spread to China’s $12 Trillion Local Market

The video discusses the increasing stress in China's $12 trillion bond market, highlighting the challenges faced by Evergrande and the implications of high yields on refinancing. It explores the potential for cross-defaults and the urgency for Evergrande to address its financial obligations.

What signs of stress are emerging in China's domestic bond market?

How have the yields in the high yield market changed recently, and what does this indicate?

In what ways might the current market conditions affect investors' strategies regarding bond refinancing?

What potential risks are associated with Evergrande's jumbo fortune note?

What are the implications of a default on Evergrande's dollar bonds for other creditors?