Asia Bond Monitor - November 2017
Emerging East Asia’s financial markets have been stable on the back of strong global economic growth but potential risks include a further tightening of global liquidity. Yields in emerging East Asia rose between 1 September and 31 October, tracking increases in yields in major advanced economies. While emerging East Asia’s financial markets have been stable on the back of strong global economic growth, potential risks are looming. These include further tightening of global liquidity as more central banks move to normalize monetary policy, and the longevity risk faced by financial institutions, which will require more hedging instruments in financial markets.