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Economics

East Asian bond markets entering choppy waters

Over the long term, Asian markets may be more affected by the actions of the Fed than recent market volatility
After years of smooth sailing through calm market conditions, bond markets in East Asia are navigating through stormier weather. Data from the supplement to the 2015 Asian Development Outlook released this week shows that weaker growth in the United States and the People’s Republic of China (PRC) has weighed down overall regional growth.