Top UBS Fund Manager Says Asia Junk Bond Rally Has Further to Go

Asian junk bonds are poised to rally again this year and extend their outperformance over US peers, as lower leverage keeps default risks in check, according to a top regional...

By Finbarr Flynn · Bloomberg Markets

Asian junk bonds are poised to rally again this year and extend their outperformance over US peers, as lower leverage keeps default risks in check, according to a top regional investor.