Looking Past the Fear, JPMorgan Sees Better Days for Asia Bonds
By Finbarr Flynn and Lianting Tu
June 20, 2018, 7:00 AM GMT+5
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 U.S. 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. Junk company bonds should return 2.2 percent to year-end, compared with 0.4 percent for investment grade and 0.2 percent for sovereigns, according to a June 15 report.
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