Bond managers are turning lukewarm on Asian debt on speculation the region will be the last in emerging markets to start raising rates.
Fidelity International Ltd. and abrdn Plc are among the firms avoiding Asian local debt and favoring bonds elsewhere in the developing world on the view that the region will take longer to start tightening monetary policy. Meantime, central banks in several countries in Latin America are ahead of the curve, creating scope for a rally in the region’s debt.
"asian" - Google News
February 06, 2022 at 11:00PM
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Asian Bonds Lose Appeal as Region Seen Last to Boost Rates - Bloomberg
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