Real yields are much higher in EM vs DM, and the spread is the widest in 20 years. With many EM central banks committing to hiking cycles and front-loading rate hikes to combat surging inflationary pressures, nominal yields have picked up significantly this year.
When to buy EM debt
When to buy EM debt
When to buy EM debt
Real yields are much higher in EM vs DM, and the spread is the widest in 20 years. With many EM central banks committing to hiking cycles and front-loading rate hikes to combat surging inflationary pressures, nominal yields have picked up significantly this year.