Malaysian Government Bonds Gain as Yields Lure Buyers; Ringgit Strengthens

(Bloomberg) -- Malaysia's bonds rose on speculation
yields at the highest in four months will attract investors. The
ringgit had the biggest gain since December.

Government bond yields have risen about two-thirds of a
percentage point in the past three weeks as expectations for
lower borrowing costs waned. The ringgit rose for a second day,
recouping part of 2.4 percent loss last week that was the most
since Bank Negara Malaysia scrapped a dollar peg in July 2005.


Read more at Bloomberg Bonds News