Asian bonds seen as safe
This is despite the crisis in Greece and China's volatile equity markets and slowing growth
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Singapore
THE perception of Asia excluding Japan bonds as a safe haven seems to be gaining currency among fund managers despite the Greek crisis and China's volatile equity markets and slowing growth.
The bond markets have had a strong second quarter and although issuance was quiet last week, this was seen as the market taking a breather and waiting for clearer signs, rather than serious contagion fears.
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