Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: November 2018

Local currency government bond yields in most emerging East Asian markets rose between 31 August and 15 October on the back of continued interest rate hikes by the United States (US) Federal Reserve, according to the latest Asia Bond Monitor. The report also noted that emerging East Asia's local currency bond market expanded 4.3% quarter-on-quarter to reach a size of USD12.8 trillion at the end of September.