Moderating inflation lifts financial conditions in emerging East Asia: ADB
MANILA, Sept. 16 (Xinhua) -- Emerging East Asia's financial conditions have improved, leading to declining bond yields amid moderating inflation and expected interest rate cuts, said a new report by the Asian Development Bank (ADB) released on Monday.
According to the latest edition of Asia Bond Monitor, emerging East Asia's financial markets rebounded starting in July, when the U.S. Federal Reserve hinted at a