Portfolio Manager and Senior Research Analyst Carol Lye speaks with AsianInvestor about the steadiness of Asian bond markets. “Many Asian sovereigns have been cutting interest rates, and they have also not been re-leveraging on external debt,” she says. “With still resilient growth and low external debt, this has resulted in the stability of Asian USD bonds. This is likely to persist in a global risk‑off environment.” https://bit.ly/4mre0kf
Brandywine Global Investment Management Asian bonds have had a solid year, delivering a +2.9% USD return for the Year-to-Date. But they have been outpaced by the broader Emerging Markets Bonds universe, which have delivered a +5.8% USD return YTD. We are currently bullish on both of these bond markets. ↗️ 📌 DISCLAIMER Crystal Shore Alpha (‘CSA’) is not a registered investment adviser and the company is not in the investment advisory business. CSA is neither offering nor soliciting to buy or sell any securities or instruments. The value of securities and of any income stream may go down as well as up. Past performance is not necessarily a guide to future performance. CSA is in no ways accountable for the transactions or, indeed, decision-making of other parties.