Asia-Pacific Bond Risk Rises as U.S. Says Assad Liable in Attack
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Asian bond risk climbed for the first time in three days after the U.S. pledged to hold Syrian President Bashar al-Assad’s regime responsible for an alleged chemical weapons attack.
The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan climbed 2 basis points to 161 basis points as of 8:26 a.m. in Hong Kong, Australia & New Zealand Banking Group Ltd. prices show. The gauge is set for its first increase since Aug. 22 after falling from a two-month high, according to data provider CMA.