Emerging Market Bonds Could Have Pleasant Surprises in Store
July 02, 2024 at 09:35 AM EDT
Conventional fixed income wisdom holds that high interest rates in the U.S. are problematic for emerging market debt and related ETFs. That scenario has played out this year, particularly for emerging market bonds denominated in local currencies. With the Federal Reserve disappointing when it comes to rate cuts and the dollar still sturdy, the VanEck [...] The post Emerging Market Bonds Could Have Pleasant Surprises in Store appeared first on ETF Trends .