Emerging Asia Bonds Draw Global Funds Despite Fed Hike Fears
Foreign investors are piling back into Asian emerging-market bonds despite renewed Federal Reserve hawkishness, as expectations that regional central banks will keep interest rates elevated support the debt’s yield appeal.
By Marcus Wong · Bloomberg Markets
Foreign investors are piling back into Asian emerging-market bonds despite renewed Federal Reserve hawkishness, as expectations that regional central banks will keep interest rates elevated support the debt’s yield appeal.