It didn’t take long for Pacific Investment Management Co. to be lured back to Brazil.
India’s one-year interest-rate swaps advanced for a second day on concern a slide in the nation’s currency will stoke inflation.
China’s interest-rate swaps traded near the lowest level since June after a report signaled the nation’s manufacturing contracted for a fourth month and the central bank eased reserve requirements for some rural banks.
India’s 10-year government bonds rose, with the yield dropping to near the lowest level this month, on speculation improved supply of cash in the financial system is spurring demand for debt.
India’s 10-year government bonds fell on speculation a decline in yields to a two-week low deterred buyers.
Asian currencies recorded their first weekly loss in almost a month as conflict in Ukraine and a strengthening U.S. economy spurred demand for dollars.
The cost of locking in China’s interest rates for a year fell this week by the most since June after the government announced plans to cut reserve requirements for some rural banks.
A measure of expected swings in the ringgit headed for a second weekly drop after Malaysia’s central bank damped market speculation that interest rates will rise.
China’s interest-rate swaps fell by the most since June after the government said it will lower reserve-requirement ratios at some rural banks.
China’s slump in property sales and construction is spurring speculation that the government’s four- year-old campaign of real-estate controls will start to crack.