Swiss Economicblogs.org
We are waiting for trade-war clouds to become less threatening before adopting a more positive stance on EM debt.In a Flash Note in May, we argued that the rise in yields of emerging market (EM) debt could offer compelling opportunities for investors who had the patience to ride out the storm. EM credit spreads and yields have indeed recently being shown some signs of stabilising after a period of rising yields. The faltering rise in US Treasuries yields, some effective EM rate hikes and the...
Read More »EM storm is subsiding, but clouds remain
