Good Afternoon, |
Highlights of the week:- |
· US Treasury yield spread narrows further amid vague interest rate decisions · Bund yields fall at the height of political uncertainty · Gilts slid as budget statement reveals more public borrowing · China yields rose due to government deleveraging efforts while Singapore yields drop after better GDP data · Ringgit strengthens following higher GDP growth rate · Stronger ringgit continues to influence falling yields |
Best regards,
Fixed Income Research & Strategy
AmBank Research, AmBank (M) Berhad
+603 2036 2292 (DL) +03 2031 7218 (Fax)
Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur
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