Fixed Income Weekly Pulse, 04 Apr 2016

 Highlights of the week:

·         Dovish comment from Fed Chairwoman Yellen contributes to the weakening of US dollar

·         Numerous inflation data in euro area shows improvement on annual basis

·         Japanese government records JPY96.72 trillion budget for fiscal year 2016

·         Ringgit Malaysia breaks the 4.00 level on the back of the rally in equities market and the drop in Malaysia 5Y CDS

Local govvies yield curve shifts lower tracking the movement of US Treasuries and strengthening trend in Ringgit Malaysia against US dollar