A trader in South Korea watches market movements on June 3. Photo: YNA/dpa
A trader in South Korea watches market movements on June 3. Photo: YNA/dpa
Ramkishen S. Rajan
Opinion

Opinion

The View by Ramkishen S. Rajan and Sasidaran Gopalan

Why Asia’s rapidly growing bond markets are still vulnerable to financial stress

  • Asian bond markets have grown massively since the 1997 currency crisis but remain dominated by government bonds and, while attracting huge foreign investor interest, also expose countries to capital flight

A trader in South Korea watches market movements on June 3. Photo: YNA/dpa
A trader in South Korea watches market movements on June 3. Photo: YNA/dpa
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