While many emerging economies in Asia are expected to cut interest rates along with the Fed, the quantum of easing is forecast to be less than it will be the US. Photo:Bloomberg
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Five of the largest emerging Asian bond markets are jointly receiving net inflows for the first time in three years, suggesting investors are getting more upbeat on the asset class.
Overseas funds have boosted holdings of debt in each of South Korea, Thailand, Indonesia, India and Malaysia since the start of July, according to data compiled by Bloomberg. If the inflows continue through the end of September, it’d be something that hasn’t been seen on a quarterly basis since the middle of 2021.
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