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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Foreign investors sell Asian bonds in August as global debt rout weighs

Bonds United States India Inflation Monetary Policy South Korea Indonesia Malaysia Thailand

Foreign investors turned net sellers of Asian bonds in August for the first time in five months as a global bond selloff and expectations of tighter monetary policy in major economies reduced demand for regional debt.

Foreign investors recorded net sales of $457 million across bonds in South Korea, Malaysia, India, Indonesia and Thailand, according to data from regulators and bond market associations cited by Reuters. The outflows marked the first monthly net selling since March.

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