JPMorgan sees better days for Asia bonds

A sign outside the headquarters of JP Morgan Chase & Co in New York. Analysts at the US bank are forecasting gains to the end of the year for the different segments in the JPMorgan Asia Credit Index, including sovereign, investment-grade and high-yield corporate debt. — Reuters

TOKYO: Investors in Asian dollar bonds can look forward to better times for the rest of the year, with junk corporate notes from the region likely to be the best performers, according to JPMorgan Chase & Co.

Analysts at the US bank are forecasting gains to the end of the year for the different segments in the JPMorgan Asia Credit Index, including sovereign, investment-grade and high-yield corporate debt.