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MARKETS IN TURMOIL

Singapore bond market resilient amid stockmarket rout

Bonds are more defensive in choppy markets, says DBS Bank's head of fixed income

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Mr Lee says there's little panic selling as fixed income investors stay the course in the flight to quality.
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Mr Gopalakrishnan says a key supporting factor is that most investors in SGD bonds are local.

Singapore

SINGAPORE bond investors are doing pretty well as prices remain resilient amid the stockmarket rout.

"In choppy markets, bonds are more defensive," said Clifford Lee, DBS Bank head of fixed income.

Although most bond prices are off their highs seen this year, there