Right now, bonds issued by emerging market governments in their local currencies appear to offer far and away the most compelling investment opportunity. (researchaffiliates.com)
More than 70 % of the bonds in developed - market government bond indexes today have yields of 1 % or lower, as the chart below shows. (blackrockblog.com)
Gold - backed currencies are for limited governments, and in general, most emerging market governments don't think that way. (alephblog.com)