Bond yields to remain steady next year

They are expected to hold up amid Fed and Bank Negara’s hawkish stance on rates

PETALING JAYA: Bond yields are anticipated to hold up to the pressure of interest rake hikes next year, with the 10-year Malaysian Government Securities (MGS) yield not expected to exceed the 4.46% level attained during the post-US election amid a hawkish stance by Bank Negara and the US Federal Reserve.