Thursday, March 3, 2011
Bond Market performance for February 2011 appears lower compared to the previous month
Returns in the Malaysian bond market remain mixed for the second month running. Practically all bond classes suffered poorer performance in February 2011 compared to January 2011. Although this is typical for this time of the year due to the number of public holidays as well as the shorter month compared to other months of the year, other factors have multiplied it further. The possible impact to the world's economy due to events in the Middle East is one key factor that caused yields for the bond market to be more hawkish. Government papers appears to take the brunt of the current market sentiment.
Visit: http://www.bpam.com.my/ for a copy of the report
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