The US bond market was hit by a fresh round of selling pressure Friday after Federal Reserve Chair Jerome Powell said the central bank remains prepared to push interest rates higher and keep them elevated if needed to keep reining in inflation. What’s the correlation between the two?
Asian bonds recorded net foreign inflows for a fifth straight month in July.
Singapore government bonds are being viewed attractively as a haven from the rising economic issues in China and a hawkish Federal Reserve which is prepared to keep raising interest rates. What is making Singapore governments this attractive?
On Money in the Market, Emaad Akhtar speaks to Selena Ling, Chief Economist at OCBC Bank to find out more.
Highlights:
02:34 - How does a bond market sell-off result in higher Treasury yields?
03:38 - To what extent is it true that competition for yields is moving flows from the stock market to bonds?
04:55 - Will the trend of positive net foreign inflows for Asian bonds continue?
06:01 - What makes Singapore government bonds so attractive in the current climate?
09:21 - Is this a good time to be investing in bonds?