Foreign inflows in Asian bonds surge to three-month high in May

In May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled by vigorous regional economic performance coupled with a growing hesitancy about gains in the equity market. Noteworthy influxes were seen in South Korea and Indonesia’s debt markets, indicating a shift towards safer investment options, even as Malaysia and India faced some capital outflows.