Investors buy Asian bonds to play dollar rise

Newswire

* Foreign interest in Dim Sum and Australian bonds spikes * Global investors become comfortable with currency risk * Dollar-peg allows higher yield with low voaltility By Christopher Langner March 28 (IFR) - Overseas interest in bonds denominated in renminbi and Australian dollars is surging as yield-hungry investors turn to currencies that have become increasingly correlated to the US dollar. Order books on recent ...

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