Malaysia’s bonds are showing signs of stability, heating up the debate on when to pile back into Asia’s worst-performing debt.
Malaysia’s corporate dollar-denominated notes have returned 1.5 percent this month, paring their losses for the year to 1.7 percent, the biggest on a JPMorgan Chase & Co. index. The cost of insuring the nation’s sovereign debt has fallen the most in four years in October, while the ringgit has rallied 3.1 percent after a decline of 20 percent in the first nine months.
