Core Viewpoint - A popular Chinese financial data provider has suspended the release of bond flow figures, coinciding with a significant selloff in sovereign debt as the stock market rallies [1][5]. Group 1: Data Suspension - Shanghai Tiantian Fund Sales Corp. has not published daily figures related to fixed-income fund redemptions, impacting traders who rely on this data for market sentiment [2][3]. - The suspension of data has raised concerns among clients about the transparency and reliability of market information [2]. Group 2: Market Conditions - The selloff in Chinese government bonds has intensified, with yields on 30-year bonds reaching levels not seen since November [5]. - The bond market's decline is attributed to a stock market bull run, the reintroduction of a value-added tax on certain bond investments, and proposed changes to mutual fund fees [5][7]. - Over the past year, Chinese bonds have experienced significant volatility, with yields initially dropping to record lows in January due to expectations of monetary easing, followed by increased pressure as the stock market rallied [7]. Group 3: Regulatory Response - Chinese regulators, particularly the central bank, have employed various measures, including verbal warnings and liquidity operations, to manage excessive price fluctuations in the bond market [8].