Andy Mukherjee, Columnist

Trump’s Turned Asia Junk Investors Into Nervous Nellies

Now there’s a third “Oh no, not now.”

July 11, 2018 at 10:00 PM UTC

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News.

Bonds quoted at 94 cents can be had for 91 cents.
Photographer: Andrew Harrer/Bloomberg

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Donald Trump has made Asian high-yield investors nervous wrecks.

First, there are the obvious casualties of his trade war against China. Lenovo Group Ltd.’s bonds are down to 87.4 cents on the dollar from more than 100 cents at the start of the year.