Asian Bond Watch: Anticipating a slower US Fed rate hike cycle

Kheng-Siang Ng Investors are finding the concerns that bedevilled markets in 2018 are still real and present, most notably the uncertainty around trade disputes, Brexit and the prospect of softening US economic growth. Opinion is growing that the US Federal Reserve (Fed) will slow down its policy tightening. Indeed, the rates market recently priced in the probability of an interest rate cut later this year. As growth slows, and since the Fed’s most recent communication sug…