September 18, 2024 05:30 GMT
BNM: Bond Wrap
BNM
- Funds Pour into Southeast Asia as Easing Cycle Gets Underway (source: BBG).
- The Federal Reserve’s (Fed) decision on interest rates this week could drive the ringgit, but a potential Donald Trump win in the upcoming United States elections adds a layer of uncertainty to the outlook for Malaysia’s currency (source: The Star Malaysia).
- Risk markets were weaker today ahead of the Federal Reserve with equity markets down and bond yields higher, likely driven by repositioning ahead of the FED.
3yr 3.329% 5yr 3.493% (+3.5%) 10yr 3.735% (+4bp) 20yr 4.046% (+1.5bp)
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