It’s Early, But EM Bonds Are Rebounding
January 19, 2019 at 10:30 AM EST
By Todd Shriber via Iris.xyz Amid the Federal Reserve’s four interest rate hikes and the U.S. dollar ranking as one of 2018’s best-performing major currencies, emerging markets bonds were among last year’s most savagely repudiated asset classes. Neither dollar-denominated emerging markets bonds nor...