Asian bond markets: a case of who'll blink first?

Borrowers need funds, but the buy-side and sell-side remain divided over whether investors will have to deploy cash before the year-end.

Asian bond markets: a case of who'll blink first?

A resolution to the current supplydemand imbalance plaguing Asia’s international bond markets does not appear to be any closer. October was yet another month of low primary market subscriptions and poor secondary market performance.

In some ways it's a question of who’ll blink first,” said Clifford Lee, head of Asian fixed income at DBS in Singapore. “Will it be issuers, which need to access the market, or investors, which are sitting on...

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