Failed Auctions Crimp EM Bond ETFs
June 21, 2013 at 14:31 PM EDT
Speculation that the Federal Reserve will begin tapering its $85 billion-a-month bond-buying activities later this year with an eye toward ending quantitative easing outright next year has decimated emerging markets bonds as well as equities. Investors' distaste for what was one of last year's favorite asset classes is has had the