Good Afternoon, |
Highlights of the week:- |
• Yield curve steepened • ECB to go head-to-head with the Feds • Gilts rose following positive economic release • RBI raised rates while EM debt concerns sparked risk-off sentiment • Weaker MYR amidst persistent foreign selling • Local bond market caught in-between EM bond rout |
Best regards,
Fixed Income Research & Strategy
AmBank Research, AmBank (M) Berhad
+603 2036 2255 (DL) +03 2031 7218 (Fax)
Level 15, Bangunan AmBank Group, 55 Jalan Raja Chulan, 50200 Kuala Lumpur
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