%Malaysia Government Bond 10Y
MY-10Y
▲ PositiveMonetaryrelevance
BNM's hawkish tilt supports ringgit, likely raising Malaysian bond yields
Commerzbank reports that Bank Negara Malaysia's hawkish shift is supporting the Malaysian ringgit, as the central bank held its overnight policy rate at 2.75% while dropping language that policy is "appropriate" and signaling vigilance on cost pressures.
BNM's hawkish tilt supports ringgit, likely raising Malaysian bond yields