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Asia’s private banking clients to continue buying HY bonds “despite narrowing spreads”

Despite narrowing spreads, demand for high yield (HY) bonds amongst Asia’s private banking clients will likely remain strong for the foreseeable future, as this asset class is becoming more accepted in the region, according to Barings. “In this low interest rate environment, most investors throughout the globe are looking for increased yields and high yield offers that,” Mike Freno, MD…

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