All our credit products performed well and so
did Emerging Market Debt.
Not exact matches
Too little, too late — The Fed
does not raise rates quickly enough, a prospect that could lead to a falloff of as much as 7 percent in
emerging -
market debt
Selling that much
debt, especially at a time when
emerging markets are suddenly out of favor, «will require the government to
do a good job communicating its strategy on the fiscal and monetary side.»
Emerging -
market dollar
debt slid, as
did an index of commodities.
«Many investors are looking for exposure to
emerging markets, but
do not have the risk appetite for
emerging market equities or
emerging market local - currency
debt,» said Fijalkowski.
To
do this, we trimmed several positions including: corporate bonds,
emerging market debt, mortgage REITs and U.S. REITs.
In
emerging market debt, not only
do passive exchange - traded funds (ETFs) tend to underperform their benchmarks, the most widely used indices are narrowly focused and exclude a large portion of the opportunity set.
High - yield isn't
doing badly, but
emerging markets debt is taking off — note $ EMB which has recently broken its 200 - day moving average.
One year it may be
emerging market debt that
does well, the next, high - yield bonds.
Two decades ago,
emerging -
market debt was often denominated in U.S. dollars, so investors didn't have to worry about currency risk.