EM ASIA CREDIT: MNI EM Credit Market Update - Asia

Mar-13 04:17By: Eric Sharper
Emerging Markets

* Asia EM for the most part stronger today, with govie/agency bonds a couple of bp tighter, an exception being Indonesia, where the government has released its delayed budget figures, as well as the Philippines.  Equities have a small bias lower, but nothing meaningful. In other news, South Korea has indicated it will take measures on U.S. Steel tariffs. Posco so far isn't underperforming in credit.

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