Don't Mind Please

USD Credit Market week to date as of 02-Apr-2026 (Thursday): Changes week to date - USD O/N SOFR @ 3.68% (+5bps) - 5Y USD SOFR SWAP @ 3.63% (-10bps) - 2Y UST @ 3.8% (-11bps) - 5Y UST @ 3.95% (-12bps) - 10Y UST @ 4.32% (-11bps) - 30Y UST @ 4.9% (-7bps)

AUD bonds remained fairly strong AUD Credit Market week to date as of 02-Apr-2026 (Thursday): Changes week to date - 3mBBSW @ 4.31% (+1bps) - 2Y ACGB @ 4.64% (-17bps) - 5Y ACGB @ 4.67% (-18bps) - 10Y ACGB @ 4.95% (-15bps) - 30Y ACGB @ 5.35% (-13bps)

Strong rally in Ringgit Bonds on Wednesday (1/4): Table 1: End of the day levels. Table 2: Changes in the day. - MYR IRS fell 3-5bps. - Govvies yields fell 3-6bps. - GG/Caga/Rated corp yields unchanged.

Who played this before? You are the legend!

In 2020, you covered your mouth and pumped. In 2026, you cover your eyes and pump.

Decent rally in USD bondss USD Credit Market week to date as of 01-Apr-2026 (Wednesday): Changes week to date - USD O/N SOFR @ 3.63% (unch) - 5Y USD SOFR SWAP @ 3.62% (-11bps) - 2Y UST @ 3.79% (-12bps) - 5Y UST @ 3.94% (-13bps) - 10Y UST @ 4.32% (-11bps)

Another huge rally in AUD bonds. AUD Credit Market week to date as of 01-Apr-2026 (Wednesday): Changes week to date - 3mBBSW @ 4.31% (+1bps) - 2Y ACGB @ 4.61% (-20bps) - 5Y ACGB @ 4.65% (-20bps) - 10Y ACGB @ 4.94% (-16bps) - 30Y ACGB @ 5.33% (-15bps)

Ringgit Bonds on Tuesday (31/3): Table 1: End of the day levels. Table 2: Changes in the day. - MYR IRS fell 1-2bps - Govvies yields fell 2-3bps. - GG/Caga yields slipped 1bps. - Rated corp yields fell.

Strong rally in USD bonds. USD Credit Market week to date as of 31-Mar-2026 (Tuesday): Changes week to date - USD O/N SOFR @ 3.63% (unch) - 5Y USD SOFR SWAP @ 3.65% (-8bps) - 2Y UST @ 3.83% (-8bps) - 5Y UST @ 3.98% (-9bps) - 10Y UST @ 4.35% (-8bps) - 30Y UST @ 4.91%

AUD Bonds strong rally. AUD Credit Market week to date as of 31-Mar-2026 (Tuesday): Changes week to date - 3mBBSW @ 4.32% (+2bps) - 2Y ACGB @ 4.69% (-12bps) - 5Y ACGB @ 4.75% (-10bps) - 10Y ACGB @ 5.03% (-7bps) - 30Y ACGB @ 5.43% (-5bps)

Ringgit Bonds on Monday (30/3): Table 1: End of the day levels. Table 2: Changes in the day. - MYR IRS fell 1bps. - Govvies yields closed mixed with short tenured bonds yields lower by 1-2bps and longer tenured higher by 1-2bps. - GG/Caga yields little moved.

Another good Malaysian company being taken private *SOUTHERN STEEL, ANN JOO TO NEGOTIATE TERMS OF ACQUISITION *SOUTHERN STEEL PLANS TO BUY ANN JOO INTEGRATED STEEL Bloomberg

Bursa + HKEX *HKEX, BURSA MALAYSIA LAUNCH CO-BRANDED INDEX *BURSA MALAYSIA, HK EXCHANGES IN MOU EXPAND MARKET CONNECTIVITY *BURSA, HKEX TO COLLABORATE ON MALAYSIA-HONG KONG DUAL LISTINGS

USD Credit Market week to date as of 30-Mar-2026 (Monday): Changes week to date - USD O/N SOFR @ 3.65% (+3bps) - 5Y USD SOFR SWAP @ 3.73% (+4bps) - 2Y UST @ 3.91% (+1bps) - 5Y UST @ 4.07% (+6bps) - 10Y UST @ 4.43% (+5bps) - 30Y UST @ 4.96% (+2bps)

AUD Credit Market week to date as of 30-Mar-2026 (Monday): Changes week to date - 3mBBSW @ 4.3% (+1bps) - 2Y ACGB @ 4.75% (-4bps) - 5Y ACGB @ 4.81% (-2bps) - 10Y ACGB @ 5.1% (+8bps) - 30Y ACGB @ 5.5% (+9bps)

Ringgit Bonds on Friday (27/3): Table 1: End of the day levels. Table 2: Changes in the day. - MYR IRS gained 2-4bps. - Govvies yields rose 2-6bps, led by 15y. - GG/Caga yields gained 2-3bps. - Rated corp yields rose 1-2bps.

Zus Coffee earnings growing at light speed! Zus Coffee is planning an IPO, according to news. Number of outlets = 1000 Employee base = 8000 Last year, Zus Coffee sold 30 million cups.

Every month Petrol and Diesel subsidies cost by Malaysia = RM4 billion per month. Smart move: Reducing quota from 300 to 200 litres helps save fiscal finances by RM5 billion.

Next week (29 March - 4 April 2026): Monday (30/3): > India Industrial Production > Jerome Powell speech Tuesday (31/3): > BNM Annual Report 2025 > BNM Detailed FX Reserves > US Consumer Confidence > US JOLTS Wednesday (1/4): > Global PMIs, including for China, South Korea, Taiwan, Vietnam, Thailand, Malaysia, Indonesia, India and the Phillipines. > US ADP NFP > US Retail Sales Thursday (2/4): > DKSH (Malaysia) to vote on EGM for privatisation. > US Initial Jobless Claims Friday (3/4): > Malaysia Aviation Group Berhad financial results for 2025 > US Labour Market > US NFP > US Unemployment

AUD Credit Market week to date as of 27-Mar-2026 (Friday): Changes week to date - 3mBBSW @ 4.29% (unch) - 2Y ACGB @ 4.76% (-3bps) - 5Y ACGB @ 4.81% (-2bps) - 10Y ACGB @ 5.05% (+3bps) - 30Y ACGB @ 5.46% (+5bps)