HONG KONG -- Global investors have been rushing into Asian bonds in recent weeks, reckoning that the first U.S. Federal Reserve interest rate cut in four years would allow regional central banks to follow suit and help domestic companies to issue bonds.
Asian central banks would have more room to cut rates without worrying about currency depreciations, giving a boost to local currency-denominated bonds investors. (Nikkei montage)
Trading Asia
Global investors go 'risk-on' with Asian bonds after U.S. rate cut
Local currency and dollar bonds see inflows
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