6 days ago
Asian Dollar Bond Rally Sends Yield Premiums to Record Low
Yield premiums on Asian investment-grade dollar bonds dropped to a record low, joining a wider regional rally in risk assets spurred by easing trade tensions and strong corporate fundamentals.
The credit spreads tightened at least one basis point, traders said on Thursday. That leaves them at around 65.5 basis points, the narrowest ever in a Bloomberg index going back to 2009.