Asian high yield debt enticing global instos

Asian sovereign dollar and particularly high yield bonds look set to enjoy rising fund inflows, as yield-starved investors across the world continue to chase the relatively appealing yields on offer, according to investment consultants and rating agencies. A combination of resilience to the Covid-19 pandemic and better macroeconomic indicators mean higher risk debt from the region is generally becoming more appealing to Asian asset owners and those from elsewhere. Andries Hoekem…