Caution at year end set to cool bond markets
Asia’s debt capital markets are set for a big slowdown as investors look to hold on to the profits they have made during the year and issuers wait for better opportunities in 2010, bankers warned this week.
The spurt of new high yield bonds in October is all but over, while few investment grade issuers are likely to come to market until January as investors begin to shy away.
"Any deals that do come now will need to be compelling from a credit perspective, and even
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