A Green Light on Emerging Market Bonds
It’s been a rocky month for the markets, with the S&P 500 declining for the past three consecutive weeks. But emerging markets have bucked the trend: as of last week, the J.P. Morgan Emerging Market Index Global is up 1.2% for the month.
Is the tide shifting for emerging market debt? Typically, when investors lose confidence in the markets, emerging markets are among the first to suffer. But the debt of emerging economies has held up amid the recent volatility.Read more