THE Malaysian government securities (MGS) yields will remain at elevated levels in the first half of next year although the outflow of funds from the bond market may not be that severe as last month as much will depend on the strength of the ringgit, the direction of the US interest rates and US treasury yield trends.
RAM Ratings head of research and economist Kristina Fong tells StarBizWeek MGS yields will likely remain elevated next year, more so in the first half compared to the second on the back of prevailing uncertainties as major global events unfold.