From Gulf-times.com: Yields on Asia’s dollar Islamic bonds have slumped to the lowest levels in three months relative to local-currency debt on evidence that the US economic recovery is flagging as growth accelerates across the region.
The difference between the yield on the Malaysian government’s 3.928% five-year dollar sukuk and the similar-maturity 3.86% ringgit Islamic note widened five basis points this month to 67, prices from Bursa Malaysia and Royal Bank of Scotland Group show…………………………………….Full Article: Source