Reflation trade raises red flags for these Southeast Asian bonds – BNN
Reflation trade raises red flags for these Southeast Asian bonds – BNN
(Bloomberg) – Reflation trading has gained momentum in recent weeks, as evidenced by rising U.S. Treasury yields and rising inflation expectations. This could create problems for bonds in Indonesia and Malaysia. The two debt markets are among the most at risk in emerging Asia due to rising US yields that typically accompany periods of rebounding […]
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