Asia’s Bond Markets Must Be Ready to Face the Rising Risk of Contagion

 

JAKARTA, INDONESIA – Emerging East Asia’s local currency bond markets have weathered the recent market volatility well but risks to the markets are ticking up and countries need to be prepared, warns the Asian Development Bank’s (ADB) latest Asia Bond Monitor.

 

“Good economic data so far this year, attractive yields, and a recovery in some currencies mean Asia is still the best place to invest, but the threat of contagion is certainly higher than it was,” said Iwan J. Azis, Head of ADB’s Office of Regional Economic Integration.

 

Read more at http://www.adb.org/news/asias-bond-markets-must-be-ready-face-rising-risk-contagion

 

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