Malaysian Government Bonds Rise on Yield Attraction; Ringgit Extends Gain

(Bloomberg) -- Malaysia's bonds rose on speculation
yields at the highest in four months will attract buyers. The
ringgit strengthened for a second day.

Benchmark government bond yields have risen about two-thirds
of a percentage point in the past three weeks after expectations
for lower borrowing costs waned and the ringgit fell last week by
the most since Bank Negara Malaysia scrapped a peg to the dollar
in July 2005.


Read more at Bloomberg Bonds News