PETALING JAYA: The ringgit bond market, which saw overall net foreign inflow amounting to RM23.6bil last year, is set to continue its momentum in 2024, underpinned by anticipation of falling global interest rates.
As global interest rates are expected to decline this year and moving forward, bond strategists and economists said foreign investors would be keen on buying longer-dated government bonds compared to shorter duration papers due to their attractiveness.
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