Asian Bonds See Biggest Foreign Outflow Since March 2020
Foreign investors sold a net $8.21 billion of regional bonds in India, Indonesia and other Asian markets in September, as higher US Treasury yields and renewed Fed tightening weighed on demand.
Asian bonds came under their strongest foreign selling pressure in more than six years in September. A sharp rise in US Treasury yields and renewed Federal Reserve tightening dampened demand for emerging-market debt. Foreign investors sold a net $8.21 billion of bonds across the region in India, Indonesia…