October 02, 2024 05:22 GMT
BNM: Bond Wrap.
BNM
- The escalation of tension in the Middle East did little for risk appetite today with equity markets down almost 1%.
- The MYR lost ground as the safe haven status of the USD was evident with investors rushing to USD assets.
- MYR bond yields reaction was most evident in the front end with limited issuance focused on short dated bills.
3yr 3.334% (-1.5bp) 5yr 3.506% (-0.5bp) 10yr 3.723% 20yr 4.053% (+0.5bp)
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