China’s government bonds have defied inflation concerns and higher U.S. yields. Now investors are turning their attention to a central bank that’s expected to keep liquidity loose to buoy economic growth. Traders will be given further direction on how Beijing plans to manage the nation’s cash supply when 100 billion yuan ($15 billion) of loans come due Monday. The People’s Bank of China is most likely to use its monthly medium-term lending facility to offset the maturing funds, according to Australia & New Zealand Banking Group Ltd., as authorities seek to soothe concerns over higher factory-gate prices. The ... (full story)