Opportunity in Emerging Market Bonds

While low inflation is presenting a challenge for the Fed and the European Central Bank, it is playing out differently in emerging markets, according to a recent article in The Wall Street Journal. “Investors in local-currency government bonds are the winners,” it says, “and could have more to come.” Although this year’s gains, the article says, are “flattered” by emerging market yields having been bolstered after the presidential election, “they are also the function of… Read More