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Caught between a rock and a hard place? Seek Asian high-yield: Hou Wey Fook of DBS

“formulanone” via CCL

Asian high-yield credit could offer an oasis of yield for investors seeking returns but hoping to avoid getting caught up in the China Evergrande predicament, DBS said in its 4Q21 outlook. “Across the asset class of bonds, we believe, Asia [high-yield] credit is where one can still capture reasonably good returns,” Hou Wey Fook told reporters on a call to…

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