🚨 🚨 EM Asian Bonds To Gain More Than Global Peers: Emerging Asia bond spreads are narrow relative to Treasuries as the region has not faced “the same level of price pressures as the US,” said Eugene Leow, a Singapore-based senior rates strategist at DBS Group Holdings. “When the Fed finally re-calibrates lower, the external constraint on EM Asia central banks should turn less binding, allowing rate cuts to be delivered if needed.”
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