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Asian Bond Watch: Year in Review
As we enter the final two months of 2019, State Street Global Advisors thought it would be helpful to evaluate what has been an eventful year so far and its impact on the bond markets.
This year began with a focus on three key themes – slowing global growth, ongoing US-China trade tensions and the imminent tightening of the US Federal Reserve’s (Fed) monetary policy. Fast forward to November and this narrative continues to feature prominently in markets – with one significant exception being the shift in the stance of global central banks from a hawkish to a more dovish bearing and the resumption of lower for longer theme. Sounds like deja vu but this time round A…
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