AllianzGI's Zeng on Asian Fixed Income

What is the primary factor driving the total return of credit markets globally?

• European bond market

• Emerging market equities

• US Treasury market

• Asian credit market

How is Asia's economic cycle different from that of the US?

• Lower inflation and declining growth

• Higher inflation and lower growth

• Lower inflation and stable growth

• Higher inflation and higher growth

What is a significant factor affecting the volatility of the China high yield market?

• Export demand

• Property sector sentiments

• Government policies

• Interest rate changes

Which region in Asia is noted for having a very low default rate?

• China

• Southeast Asia

• Japan

• South Korea

What is a key characteristic of Asian investment grade bonds during market downturns?

• High default rates

• High volatility

• Low returns

• Resilience

Why has US high yield performed well despite recession concerns?

• Driven by strong equity performance

• Low interest rates

• High inflation

• Government intervention

What is a potential opportunity in Southeast Asia's credit market?

• High volatility

• Stable earnings and low default rates

• Declining economic growth

• High inflation