Risk Rally Sparks Surge in Asia’s Bond Market Issuances

Asia’s bond market is showing renewed momentum, with borrowers jumping in to capitalize on improved risk sentiment during the US-Iran ceasefire.

Australia logged its busiest bond issuance day in more than a month on Thursday, with at least four borrowers tapping the local market. A day earlier, two Japanese banks sold a combined $13 billion of dollar bonds — Asia’s biggest single-day haul since July.