With yields elevated, currencies stabilising and liquidity improving, Asian local currency bonds are drawing greater attention as investors diversify away from dollar assets.
Global investors are reassessing their reliance on dollar-denominated assets as fiscal strains, tariffs and political uncertainty weigh on the currency, with Asian bonds emerging as a structural alternative.
As we enter the second half of 2024, investors are closely monitoring the commodities market, scrutinising the potential impact of various geopolitical events and economic trends globally.