Investment grade Asia offers refuge from taper

Rising US Treasury yields could cause another selloff in Asian fixed income markets, but Morgan Stanley sees opportunities in longer-duration investment grade credit.
Viktor Hjort: Investment grade balance sheets are stabilising
Viktor Hjort: Investment grade balance sheets are stabilising
December 12, 2013

International investors say that higher interest rates in the US are a “bad thing” and a key risk to Asian credit performance during 2014, according to a Morgan Stanley report published on Wednesday. Even so, investors should keep an eye out for windows of opportunity in the region’s fixed income market.

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