Market Views: Which Asian bonds are most appealing?
As US fixed income default rates rose and yields fell during the pandemic, are Asian bonds, which have had more stable yields through 2020, looking more attractive?
Asian fixed income has historically been viewed by institutional investors as unattractive, as the region's debt capital markets lagged its economic growth. But as the pandemic hit western markets last year and Asia's bond markets continued to mature, investors have begun to view it differently.
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