MORE?
The yield for the benchmark 5-years Malaysian Government Securities (or MGS) has been trending downwards for the last 10 months. From a yield of 3.84%, it has trended down to 3.48% (as at yesterday).
Do not expect the yield to go down any further. I believe, yields will start to trend upwards as regulators starts to execute extra monetary measure to reduce the possibility of another round of recession.
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