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Asia’s private banking clients doubt rate hike in the short term and continue to milk high-yield bonds

23 October 2014 | 3 minutes read

As investors continue to speculate the timing of the US Federal Reserve’s decision to hike interest rates, Asia’s private banking clients are betting against the likelihood that it will actually happen sooner rather than later as they continue to buy into high-yield bonds in all forms. “Concerns about a rising interest rate environment have been around for two years now and…

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