SEACEN Podcast S7 Episode 1: Beyond Bond Markets: Hidden Risks, Capital Flows, and Financial Resilience in Asia

Global bond markets are growing rapidly but are financial systems becoming more resilient, or simply more interconnected and fragile in new ways?

In this episode of the SEACEN podcast, we sit down with Shu Tian (“Grace”) from the Asian Development Bank’s Asia Bond Monitor team to discuss the evolving landscape of ASEAN+3 bond markets amid rising geopolitical fragmentation, volatile capital flows, and global uncertainty.

Beyond the headlines, the conversation explores deeper macro-financial questions:

• Are local currency bond markets truly strengthening resilience in Asia?

• What hidden vulnerabilities may be building beneath seemingly stable financial systems?

• How do banks, insurers, and institutional investors transmit shocks across the financial system?

• Could the next source of instability come not from outside the region but from growing internal interconnectedness?

From capital flows and financial stability to systemic risk and regional resilience, this discussion brings together data, policy insights, and macro-financial analysis on some of the most pressing issues facing central banks and policymakers today.

Join us for a timely and insightful conversation.