Corporate Bond ETFs: An Alternative to EM Sovereigns
February 25, 2013 at 14:22 PM EST
Investors embraced emerging markets sovereign debt, both the dollar-denominated and local currency varietals, in significant fashion last year. Returns generated by and inflows to the ETFs tracking this asset class affirm that assertion. Due to higher yields than what is available on U.S. Treasuries and other developed market bonds and,