Fixed Income Weekly Pulse, 18 May 2015

 Highlights of the week:

·         DXY continues its depreciating bias due to the release of soft US economy data     

·         Euro area’s economy grow 0.4% q/q, the fastest pace in nearly two years

·         IMF revises downward the risks to Singapore growth

·         Strong increases in both private investment and private consumption drives Malaysia’s economy growth

·         In response to the selloff trend in global bond markets,  local govvies continue to experience some sell off along the curves