Asian unwanted bonds offer highest yield against the US in nearly a decade – BNN

Asian unwanted bonds offer highest yield against the US in nearly a decade – BNN

(Bloomberg) – Asian junk bonds are increasingly attracting bullish calls from fund managers keen to manage risk in the region for the biggest rise in return relative to their U.S. peers in nearly a decade. The spread of speculative-grade dollar bonds in Asia over similar securities of US borrowers widened to around 295 basis points. […]
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