"Tianjin Infrastructure Construction & Investment Group Co. priced a 1.5 billion yuan ($206 million) note…The bond fetched bids totaling more than 70 times its offering size…"

This isn't reassuring it's quite clearly artificial and obviously so.https://t.co/BnqhXnNZpw

— Jeffrey P. Snider (@JeffSnider_EDU) August 17, 2023