Fixed Income Weekly Pulse, 13 June 2016

Good Morning!  Highlights of the week: ·         Yellen’s speech fail to signal a timeframe for a rate rise ·         Stronger global equity and all-time lows European yield dampen the demand on EUR ·         Japanese growth revise up to 1.9% annual pace during first quarter ·         Ringgit Malaysia benefitted from the unexpected rate cut by Bank of Korea ·         Local govvies rally across the yield curve, especially up to 10-year tenure on the back of stronger Ringgit Malaysia and the unexpected rate cut by Bank of Korea