Last year was as good as it’s going to get for Asian bond investors who are now up against a possible recovery in the US, expensive valuations and the threat of a rotation into equities, says Aberdeen.
Total returns in Asian bonds will lag 2012 levels this year as more positive economic data comes out of the US and the risk of a rotation into equities intensifies, but there are opportunities to be found in the potential for currency appreciation in the region’s domestic bond
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