Foreign investors sell Asian bonds in August amid rising US yields,

By: Admin

Sept 13 (Reuters) - Foreign investors sold Asian bonds in August due to a spike in U.S. yields, but analysts see potential inflows to the region as the U.S. Federal Reserve may be nearing the end of its monetary tightening, making yields in Asia attractive once again.

According to data from bond market associations and stock exchanges, there was a net outflow of $2.7 billion from Asian bonds last month, with the Malaysian, Indonesian, South Korean, Indian and Thai markets all recording the biggest net sales since October 2022.