Constructive Outlook For Malaysian Bond Markets
Ang Beng Kuan, Head of Investments, Hong Leong Islamic Asset
26-Dec-23 07:30
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The Federal Reserve raised rates 11 times since 2022 to pause since July at 5.25- 5.50%. This slowdown in rate rises led to a rebound in global bond markets including Malaysia with the S&P Malaysia Bond Index up 5.9% on a year to date basis. But can we expect a repeat for 2024? Ang Beng Kuan, Head of Investments, Hong Leong Islamic Asset Management tells us.
Image credit: Shutterstock.com
Produced by: Wong Shou Ning
Presented by: Shazana Mokhtar, Philip See, Anwar Mahbob
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Categories: economy, markets, investments
Tags: fixed income market 2024, ringgit 2024,