A Bloomberg index of high-yielding sovereign dollar debt is heading for a 15% surge this year, the biggest annual gain since 2016. Global investors are rewarding countries such as Argentina, Sri Lanka and Ghana for healing their defaults and embarking on economic reforms. This rally has shown resilience even to the US yield spikes of the past two months.
from Economic Times https://ift.tt/MKG5m4Q
from Economic Times https://ift.tt/MKG5m4Q
Junk bonds at risk as EMs brace for ‘Trumponomics’
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
November 25, 2024
Rating:
No comments: