A business area in Jakarta this year. Indonesia's capital outflows have been relatively low compared with previous market sell-offs. © EPA/Jiji

Asia recovery story shelters bond investors from sell-off

Economies that were fragile now have stronger reserves and more local liquidity

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

March 15, 2021 06:07 JST

HONG KONG -- Asian fixed income markets have defied expectations and remained resilient amid a global bond market sell-off over the past few weeks.

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