ASIA'S DOLLAR BOND SALES STALL AS YIELDS HIT TWO-YEAR HIGHS

Borrowers in Asia Pacific are pulling back from the dollar bond market as yields sit at their highest in more than two years, Bloomberg reports. No issuer from the region has sold a dollar bond in the syndicated market so far in October, and sales in the third quarter fell 10% to about $88 billion, according to Bloomberg data.