Malaysian government bonds are continuing their six-month rally, pushing yields to record lows as both inflation and borrowing costs decrease in Southeast Asia’s third-largest economy.   The bond rally will help limit the government’s borrowing costs as analysts forecast record debt sales will be needed to finance a budget deficit estimated at 4.8% of GDP, the widest since 2003.  The nation’s 253 billion ringgit market for government bonds is the biggest in Southeast Asia.  That said, grim news from Singapore–which predicted its deepest recession on record and is Malaysia’s biggest trading partner–has caused Malaysia’s ringgit to fall of late (though it rose 0.3% on Wednesday).