Emerging East Asian Local Currency Bond Markets

□ Published by Asian Development Bank

□ Published on March 2019

□ Summary of the article:

Local currency government bond yields in emerging East Asia trended downward between 28 December 2018 and 15 February 2019, according to the latest Asia Bond Monitor. Bond yields edged lower partly driven by expectations that the United States Federal Reserve will slow its pace of monetary tightening in 2019. The report also noted the size of emerging East Asia’s local currency bond market surpassed USD13 trillion at the end of December.

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