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Asian Bonds to Track US Rally; Stocks Look Mixed: Markets Wrap

Asian Bonds to Track US Rally; Stocks Look Mixed: Markets Wrap
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Clout of Indian bonds takes a lift in Asian bond portfolios, says Morningstar report

The inclusion of Indian local currency sovereign bonds into its Government Bond Index-Emerging Markets (GBI-EM) along with UOB Asset Management s launch of an India-focused bond fund is a strong indication of the changing trends that are now favouring the local bond markets.

Asian bonds: Asian bonds see foreign inflows for fourth straight month

Asian bonds saw net foreign inflows for the fourth consecutive month in June, as foreign investors bought a net $4.24bn worth of bonds in India, Indonesia, Malaysia, South Korea and Thailand. However, the figure was down from May s $10.1bn net inflows. Inflationary pressures have eased across the region while expectations

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