HALISTER1: Deutsche Wealth Favors Asia Dollar Bonds Over Latin America Debt

Deutsche Wealth Favors Asia Dollar Bonds Over Latin America Debt

(Bloomberg) -- Deutsche Bank Wealth Management likes emerging-market USD bonds and favors Asian investment-grade notes over those from Latin America due to better political climate, says Tuan Huynh, Deutsche’s Singapore-based chief investment officer for APAC
  • Likes Indonesia, Philippine dollar bonds as well as Chinese names; prefers shorter-dated notes, he says at briefing in city-state on Wednesday.
  • Deutsche Wealth forecasts dollar will strengthen, while seeing 10- year UST yield at 3% at end-2017, Christian Nolting, Frankfurt-based global chief investment officer, says at the same briefing
  • Nolting also says he doesn’t expect full trade war between the U.S. and China
  • Deutsche Wealth expects 2 to 3 Fed rate increases in 2017 and more loosening from BOJ and ECB
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Source: BFW (Bloomberg First Word)

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Tuan Huynh (Deutsche Bank AG)
Christian Nolting (Deutsche Bank AG)

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