Oil’s Plunge Sends Bears to EM Bond ETF
January 20, 2015 at 08:20 AM EST
Tumbling oil prices are dragging down equity markets in crude-producing emerging markets from Mexico to Russia. Now bearish traders are turning their attention to fragile emerging markets sovereign debt as credit spreads widen. The iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB),...