Business & Finance
Traders Keep Faith in Malaysian Bonds in Face of Deficit Warning
Key Points
Traders Keep Faith in Malaysian Bonds in Face of Deficit Warning Traders remain sanguine about Malaysia’s financial outlook even after officials warned the government may miss its deficit target this year, according to a closely watched financial-market metric. The so-called bond-swap spread that tracks the difference between interest-rate swaps and government bond yields for Malaysia is positive 12 basis points, whereas similar gauges are negative for many regional economies including...
Traders Keep Faith in Malaysian Bonds in Face of Deficit Warning
Traders remain sanguine about Malaysia’s financial outlook even after officials warned the government may miss its deficit target this year, according to a closely watched financial-market metric.
The so-called bond-swap spread that tracks the difference between interest-rate swaps and government bond yields for Malaysia is positive 12 basis points, whereas similar gauges are negative for many regional economies including Thailand, South Korea and India.