COVID-19 resurgence dampens investor sentiment in emerging East Asia: ADB


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Market risks remain rooted in the resurgence of COVID-19 and its impact on the region's economic recovery Manila [The Philippines], September 24 (ANI): The coronavirus disease (COVID-19) pandemic's resurgence in recent months has dampened investor sentiment in emerging East Asia even as accommodative policy stances have kept financial conditions stable, according to the latest issue of the Asian Development Bank's (ADB) Asia Bond Monitor. China, Indonesia, Malaysia, Thailand, and Vietnam posted declines in yields on short-term (2-year) and long-term (10-year) government bonds from June 15 to August 27. The decline of long-term bond yields in most markets tracked looming uncertainty...