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HSBC PB: Still “some more room” for floating rate notes

HSBC Private Banking believes there’s still “some more room” for floating rate or short duration bonds to perform despite an impending tightening peak, which the bank says will likely occur in 2019. “Based on the current shape of the curve, we continue to favour short duration bonds,” Fan Cheuk Wan, chief market strategist, Asia, HSBC Private Banking, told Asian Private…

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