Fixed Income ETFs

1Q 2025 Highlights: Singapore bonds outperformed in 1Q 2025, with the ABF Singapore Bond ETF (SGX:A35) leading gains at +1.73% returns and S$13M net inflows, supported by falling yields from Trump tariffs and easing inflation. Meanwhile, the iShares USD Asia High Yield Bond ETF offered an attractive 7.6% dividend yield, though demand cooled amid rising US Treasury yields and Fed hawkishness. Chinese bond ETFs underperformed as investors rotated into risk assets following China's announcement of larger ultra-long bond issuance.