Asia fixed income offers positive spots in world of negative yield
Many strategists still target China, which accounts for more than half of Asia's fixed income market
Singapore
WITH around 15 per cent of the global bond market negative yielding, strategists on the hunt for yield have set their sights on capturing Asia's improving economic momentum in 2020.
Many strategists are targeting China, which accounts for more than half of Asia's fixed income market.
This comes as Chinese government bonds have been part of the Bloomberg Barclays Global Aggregate Index since April.
With their upcoming inclusion on JPMorgan's benchmark emerging-market indexes in February 2020, demand for such issues by global funds will continue to rise, State Stree…
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