PETALING JAYA: Malaysian government bond prices are holding up despite a global sell-off in bonds on positive economic growth outlook, ample liquidity and at least one expected rate hike by Bank Negara.
Bond analysts believe that despite central banks signalling tighter monetary policy, Malaysian bond prices will hold steady. They agreed that tighter monetary policy, which means higher benchmark interest rates, would only see bond yields rising at a measured pace. Bond yields and prices have an inverse relationship.
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