HSBC sees subdued US rate hikes, bullish on Asian equities
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Singapore
THE yield of 10-year Treasury bills is expected to fall after peaking in the first quarter of 2017, tempered by gradual rate hikes from the US Federal Reserve amid global economic challenges, said HSBC Private Bank in an investment outlook report.
The bank is also overweight on Asian stocks, believing certain countries within the region can withstand the ensuing trade protectionism.
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