Rates Divergence Leads to Ever Bigger Stress in emerging market Asia’s Bonds
Updated: 23 Jun 2022, 08:02 AM IST
TL;DR.Bonds in Southeast Asia are at risk of a selloff as the Federal Reserve’s hawkish posture pushes central banks in the region to hike rates aggressively.
US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. (Photo by Olivier DOULIERY / AFP)