Geopolitics Alpha

China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor

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China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor

China’s central bank starts daily overnight reverse repo operations on Monday at a fixed 1.25%, below the 7-day rate’s 1.4%, in its clearest step toward…

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • FXI iShares China Large-Cap ETF-5.0% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.

  • BAC Bank of America-11.1% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • JPM JPMorgan Chase-4.3% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+4.7% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.20%-1.03%baseafter closeafter closeafter closeafter close
IEF-0.69%-0.98%baseafter closeafter closeafter closeafter close
FXI-1.87%-2.01%baseafter closeafter closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
BAC+1.08%+1.74%baseafter closeafter closeafter closeafter close
JPM-0.92%+0.67%baseafter closeafter closeafter closeafter close
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor investingLive

Source: investingLive

The price since 2 Nov 2026: Ishares Tr (TLT) versus the S&P 500

CompanyWhenMoveStatus
Bank Of America (BAC)three days earlier+1.74%final price
Bank Of America (BAC)five days earlier+1.08%final price
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%final price
Ishares China Large-Cap Etf (FXI)three days earlier-2.01%final price
Ishares China Large-Cap Etf (FXI)five days earlier-1.87%final price
Ishares Tr (IEF)three days earlier-0.98%final price
Ishares Tr (IEF)five days earlier-0.69%final price
Jpmorgan Chase (JPM)three days earlier+0.67%final price
Jpmorgan Chase (JPM)five days earlier-0.92%final price
Ishares Tr (TLT)three days earlier-1.03%final price
Ishares Tr (TLT)five days earlier-0.20%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (TLT)

Companies tied to this story

  • TLT Ishares Tr

    For “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • IEF Ishares Tr

    For “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • FXI Ishares China Large-Cap Etf

    For “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • CEW Wisdomtree Tr

    In “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China

  • BAC Bank Of America

    For “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • JPM Jpmorgan Chase

    For “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • DHI Horton D R

    Horton D R (DHI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor.” Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • SCHW Schwab Charles

    Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor.” Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

Ishares Tr (TLT)

Ishares Tr (TLT) is the company in “China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor,” the 2 Nov 2026 this story story.

What ties Ishares Tr (TLT) to the headline is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

A second company, Ishares Tr (IEF), is listed for a different reason: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

The price range for Ishares Tr (TLT), and the dates in the story

FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.13. IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

What the saved facts support for Ishares Tr (TLT)

46 out of 100

“China’s central bank goes daily on 1.25% overnight repo, moving to Fed-style anchor” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.