According to the latest issue of the Asian Development Bank’s Asia Bond Monitor, bond yields in emerging East Asia declined from March to May due to easing inflationary pressure in the region and slower monetary tightening in the US.
Key Takeaways
Bond yields in emerging East Asia declined from March to May amid easing inflationary pressure in the region and slower monetary tightening in the United States.
Financial conditions in the region remained largely stable, even amid lingering uncertainty about the US Federal Reserve’s monetary stance and looming risks in the banking sector of major advanced economies.
The region’s local currency bond stock grew 9.1% from a year earlier to $23.8 trillion at the end of March, largely driven by governments frontloading debt issuance to finance programs to support economic recovery.
Financial conditions in the region remained stable despite uncertainty over the US Federal Reserve’s monetary stance and looming risks in the banking sector of major advanced economies. The local currency bond stock in the region grew 9.1% from a year earlier to $23.8…
Emerging East Asia Bond Yields Fall on Easing Inflation says ADB
