Analysis

Local bond yields climbed across the curve amid quickening inflation, currency weakness, and heavy supply.

Higher rates, firmer oil prices, and lingering macro uncertainty keep credit investors firmly in risk-off mode.

Local bond market activity was concentrated in the new RTB issuance, though rising global rates and inflation concerns nudge yields broadly higher.

What does the Treasury yield curve reveal about the US economy, and how should you position your portfolio?

Asia IG corporates outperformed as investors stayed selective amid US Treasury volatility, while sovereign spreads remained largely rangebound.

Middle East tensions, elevated oil prices and Fed rate expectations keep yields high.

Bonds maturing over the next few months can be exchanged for the new RTB 02-01. Does the trade make sense?

Bond yields briefly eased after a widely expected Fed rate hike, though investors remained positioned in shorter-dated, defensive bonds on expectations of further policy tightening.

Escalating Middle East conflict, a weak peso and a hawkish Fed weigh on local bonds.