Tuesday, June 28, 2016

US Treasuries: Post-Brexit vote, safe-haven demand to extend past short term horizon


Highlights
  • US Treasuries: Post-Brexit vote, safe-haven demand to extend past short term horizon
  • MYR govvies: Brexit positive for MGS
  • USD/MYR: Upside likely around 4.1270
  • MYR credits: Investors will allow spreads to widen (but most of them will just sit this out)
  • THB govvies: No BoT support, but fillip from safe haven demand
  • IDR govvies: Expect mild support this week

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