BNM to continue on a monetary tightening path amid foreign bond outflows, rising inflation risks and weakened ringgit
Posted Date: August 25, 2022 Local govvies mostly rallied in July, reflecting the movements in major government bond markets. Major government bond yields were lifted by stronger haven demand as concerns about a recession escalated after a recent stream of economic data, from the US to Europe, flashed signs of a slowing global economy. On …
