Market Views: Have Asian bonds become a good bet?

Two years ago, Asian bonds were seen by some asset owners as being unattractive investments due to their illiquidity, among other deficiencies. The local capital markets in the region are still relatively underdeveloped and a lack of liquidity is one result. That makes even finding local currency and US dollar bonds from the region a difficult task, said Liew Tzu Mi, chief investment officer for fixed income at Singapore sovereign wealth fund GIC, in 2018.  But two years on, the…