Malaysian government bonds eased lower in February, tracking US Treasuries, as investors anticipate Fed rate cuts amid global uncertainty.
Divided Fed cuts rates 25bps to 3.5-3.75% for third time, signaling caution on future easing amid employment and inflation tensions.
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The FBM KLCI slightly declined as investors took profits, while sectors showed mixed performance amid cautious market sentiment.
A weaker U.S. dollar leaves the USD-Asian FX crosses less vulnerable to narrowing rate differentials.
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