Asian debt markets witness foreign capital outflows caused by U.S.
Asian debt markets took an unexpected turn, with foreign investors pulling out large sums of money in November, the first outflow in the past seven months. According to Reuters, expectations of policy changes after the Trump administration takes office, coupled with a surge in the U.S. dollar, have led to weaker investor interest. Also read: How the dollar dominates the global trade space Data collected from various regulators and bond market associations showed net withdrawals of $1.92 billion from the bond markets of Indonesia, Thailand, Malaysia, India and South Korea. It was the first monthly net sales since April, reflecting growing investor concerns about potential trade restrictions. Khoon Goh, head of Asia research at ANZ, commented: "Markets are starting to price in the impact of the incoming Trump administration on Asia and the outlook for U.S. interest rates." This sentiment highlights investors' cautious approach to potential changes in trade dynamics. Indonesia's foreign investors pulled about $1.8 billion from its bond…
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