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2026-09-22
The Malaysian FTSE Bursa Malaysia KLCI closed up 1.0% at 1683.50 points.
The Malaysian FTSE Bursa Malaysia KLCI closed up 1.0% at 1683.50 points.
2026-09-22
Baosheng Group fixed-income analyst Afonso Borges said in a note that last This week’s overtly hawkish Fed decision has flattened the U.S. Treasury yield curve, indicating improved Fed credibility is suppressing long-end yields. He said the move supp
Baosheng Group fixed-income analyst Afonso Borges said in a note that last This week’s overtly hawkish Fed decision has flattened the U.S. Treasury yield curve, indicating improved Fed credibility is suppressing long-end yields. He said the move supports Baosheng’s preference for intermediate-duration assets. Borges added that, unlike typical post-global financial crisis tightening cycles, last week’s decision was not dovish, and that prior curve steepening had reflected market doubts about institutional credibility; the current reversal suggests the Fed’s willingness to tighten has eased those concerns, underpinning Baosheng’s overweight duration position concentrated in intermediate-maturity bonds.
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