Asian bonds received lowest foreign inflow this year in October, hit by concerns over higher inflation levels and a slowdown in China’s economy. Overseas investors purchased a combined net total of $2.25 billion in Indonesian, Malaysian, South Korean, Thai, and Indian bonds last month, the smallest buying since December 2020, data from regulatory authorities and bond market associations showed. “Sentiments towards Emerging Asia bonds deteriorated sharply in October primarily due to the upward shock to global short-term rates,” said Duncan Tan, a strategist at DBS Bank. “Foreign investors have also been worried about the negative impact of rising energy prices and weaker China growth on the broader Asia outlook.” Foreign flows into Asian bonds. South Korean bonds continued to receive foreign money for a 10th consecutive month in October, however, the inflows worth $2.14 billion were about half of what they collected in September. South Korean bonds have secured a …