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Asia bond outflows surge to four-year highs on inflation concerns

Asian bonds recorded their largest monthly foreign outflows in four years in March as disruptions to oil and gas supplies from the Middle East conflict fueled inflation concerns, weighing on demand for fixed-income assets. Investors pulled a net $7.57 billion from regional bonds in South Korea, Thailand, Malaysia, India and Indonesia last month, marking the largest monthly outflows since March 2022, according to data from local regulators and bond market associations. [...]