Fixed Income Weekly Pulse, 30 May 2016

Good Morning!  Highlights of the week: ·         Yellen: an interest rate hike is “probably” appropriate in the coming months if economic data improve ·         Trepidation over Britain’s future in the EU weigh on investor confidence in Europe’s biggest economy ·         Yen trades in a tight range with a depreciation bias ·         Ringgit Malaysia gains marginally due to decline in 1-month vol, fall in 5-year CDS and recovery in crude oil prices ·         Local govvies see some selloff across the yield curve as the wild swing in Ringgit Malaysia dampen the appeal of local govvies