# MGS and GII yields to move range bound this week?

> Kenanga Research expects Malaysian government bond yields to trade in a range with a downside bias this week, as risk-off demand follows tighter nationwide movement restrictions. The 10-year MGS rose 8 basis points to 3.21% by May 20, and the 10-year spread over US Treasuries widened to 159 basis points.

- Date: 2021-05-24 · published 2021-05-24T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/47368-mgs-and-gii-yields-to-move-range-bound-this-week
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Bond yield moves in Malaysia have no direct bearing on feed ingredient supply or demand or on commodity prices.

## Sources

- nst.com.my: https://www.nst.com.my/business/2021/05/692581/mgs-and-gii-yields-move-range-bound-week

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.