Fixed Income Weekly Pulse, 08 June 2015

 Highlights of the week:

·         U.S. numbers have raised questions about the shape of the world’s biggest economy

·         Europe’s positive economy data drives Euro’s bond yields higher.

·         Slow inflation in May gives an expectations that the Philippine’s central bank could cut policy rates

·         Treasury Secretary-General opine that Fitch Ratings could have changed their perceptions of Malaysia following a meeting with Finance Ministry officials

·         Long end of the local govvies are in selling pressure following the sell-off in US and Germany bond markets