Taiwan Global Lure Ebbs as Bonds Sink, Currency Outlook Dims
- Ten-year government bond yield jumps most in three years
- Taiwan dollar projected to fall 2.7 percent by end-March
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Global investors’ love for Taiwan assets is starting to look brittle.
The island’s sovereign debt slumped on Tuesday, sending the 10-year yield up by the most since September 2013, while analysts are bearish on the outlook for Taiwan’s dollar amid speculation inflows into the local stock market will reverse, according to data compiled by Bloomberg.