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Asia Junk Debt Has Best Winning Streak in Year Amid China Woes

(Bloomberg) Asia’s high-yield bonds posted positive returns for a third month in January, in a sign investors see opportunity in speculative-grade firms despite the turmoil in China’s property sector. Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneHouse Passes $78 Billion Business, Child Tax Break BillS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapDeutsche

Adani Shares Plunge Nearly 23%, Bonds Hit Distressed Levels After FPO Withdrawal

Other group companies – including Adani Transmission, Adani Green Energy, Adani Power, Adani Wilmar – hit their respective lower circuits as the selling pressure in Adani stocks intensified.

Adani s Market Losses Top $100 Billion As Shelved Share Sale Spooks Investors

Asia bond funds dump China in favour of cash after high-yield rout | Hellenic Shipping News Worldwide

Asia bond funds dump China in favour of cash after high-yield rout | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Asia Bond Funds Dump China In Favour Of Cash After High-yield Rout

Bond fund managers with strategies focused on Asian high-yield issuers have switched to cash and other non-China assets after suffering huge losses in China s corporate bond market.

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