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.
