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Philippine Bonds Most Exposed in Emerging Asia to Fed Hikes

Philippine Bonds Most Exposed in Emerging Asia to Fed Hikes

Philippine bonds are the most vulnerable in emerging Asia to a hawkish Federal Reserve, according to an analysis by Bloomberg.

That means they are considered more exposed than bonds in other emerging Asian markets.

A hawkish Fed stance means the US central bank is inclined to keep policy tight or raise interest rates.

The finding is about exposure to Fed hikes, not a statement that the Fed has raised rates.

Higher US rates can matter to bond markets beyond the United States, so this assessment highlights a potential risk for Philippine bonds.

The analysis gives no figures or further details on what may happen next.

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BloombergAnalysis by Bloomberg
Philippine bonds are the most vulnerable in emerging Asia to a hawkish Federal Reserve
via Bloomberg