Taiwanese Investors Flee US Bond ETFs as Currency Risks Mount
Taiwanese investors are unloading their holdings in US-focused exchange-traded bond funds at the quickest pace since the onset of the Covid pandemic, highlighting a 'Sell America' momentum that may further boost the island's currency.
Such products listed in Taiwan — Asia's most active bond ETF market — have seen about $3.3 billion of outflows so far this year, according to Bloomberg-compiled data. It's the largest half-year withdrawal since 2020 and outpaced other Asian markets, the data show.
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