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Overweight high-yield EM bonds: Bank of Singapore

Most overvalued asset class right now is government bonds, says head of managed investments Hou Wey Fook

Singapore

INVESTORS would likely do well to overweight high-yield emerging-market bonds and underweight investment-grade developed-market bonds in the second half of this year amid low interest rates and high market volatility, Bank of Singapore's head of managed investments Hou Wey Fook

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