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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: What makes Singapore government bonds so attractive in the current climate?
Description: The US bond market was hit by a fresh round of selling pressure Friday after Federal Reserve Chair Jerome Powell said the central bank remains prepared to push interest rates higher and keep them elevated if needed to keep reining in inflation. What’s the correlation between the two? Asian bonds recorded net foreign inflows for a fifth straight month in July. Singapore government bonds are being viewed attractively as a haven from the rising economic issues in China and a hawkish Federal Reserve which is prepared to keep raising interest rates. What is making Si...