Business : Improving sentiment boosts emerging East Asian bond market amid COVID-19 — ADB


Source: bernama.com bernama.com

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Lorry driver promised RM6,000 to smuggle ketum leaves 25/11/2020 02:58 PM KUALA LUMPUR, Nov 25 -- Improving sentiment has boosted the emerging East Asian bond markets amid the COVID-19 pandemic. Accommodative monetary stance has sustained the growth of the local currency bond markets in the region, with currencies and equity markets gaining in early November, according to the latest quarterly issue of the Asian Development Bank’s (ADB) Asia Bond Monitor. Chief economist Yasuyuki Sawada said the bank saw an improvement in the global investment sentiment, but uncertainty over the trajectory of the COVID-19 pandemic still weighs on the region’s economic...