Asian Dollar Credit Incurs Worst Losses in Five Years on Tariffs

Asian dollar bonds are suffering the biggest losses since the pandemic, following a selloff that underscores concerns about regional borrowers’ credit risks amid an escalating trade war.

Asia’s investment-grade US-currency notes lost 2.4% last week, the most since March 2020, a Bloomberg index shows. Globally, high-grade corporate debt lost 1% in the same period, according to another Bloomberg gauge.