Singapore bond investors back to chasing yields
New bond issuance picks up in past 2 weeks after a dull January
Singapore
LOCAL bond investors seem to have recovered their risk appetite after taking cover in January. They are back chasing yields and selling risk-free Singapore Government Securities (SGS) to buy high yield or non-investment grade corporate bonds.
"Private bank and real money accounts have been picking up bonds in the market, especially the high yield non-investment grade," said Clifford Lee, DBS Bank head of fixed income.
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