Yield mania gives debt emerging markets a needed break – The Business Times

Yield mania gives debt emerging markets a needed break – The Business Times

Sat, Nov 14, 2020 at 5:50 AM EMERGING MARKET countries have bet on short-term local currency debt this year as the pandemic has pushed investors towards security ratings. Now, boosted by the electoral victory of American Democrat Joe Biden and signs of a vaccine breakthrough, bonds with longer maturities are attracting buyers again. The US […]

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