Thai Yield Curve Steepens, Indonesia Bond Selloff Resumes as Southeast Asian Markets Diverge
Thailand's yield curve has become the steepest in emerging Asia, making longer-dated bonds attractive amid divergent rate expectations. Meanwhile, Indonesia's bond selloff resumed after a surprise rate hike and its sovereign wealth fund Danantara launched a debut global dollar bond sale.
Indonesia’s sovereign wealth fund Danantara kicked off its debut global dollar bond sale, testing investor appetite at a time when confidence in Southeast Asia’s largest economy has soured https://t.co/hL5UnVCM27
Thailand’s yield curve has shifted to the steepest in emerging Asia, with some investors saying that makes its longer-dated bonds look attractive given a divergence in interest-rate expectations there versus regional peers https://t.co/xpF4cOD59I
Indonesia’s bond selloff resumed on Thursday after a surprise interest-rate hike earlier this week provided only temporary relief, with investors once again focusing on the broader economic concerns that have fueled a market rout https://t.co/DXupBqiMBQ