Fixed Income Weekly Pulse, 20 April 2015

Good Morning,

 Highlights of the week:

·         US Treasuries rally in response to another batch of forecast missing US data  

·         Draghi gives a message to put a short shrift to any suggestion of a premature end to the QE programme

·         Monetary Authority of Singapore unexpectedly hold off from further monetary easing

·         World Bank revises down Malaysia’s growth slow to 4.7% this year before normalizing to 5.0% in 2016 

·         Local govvies saw some sell-off along the curve during the start of the week due to weakening MYR and relatively light trading session