EM Debt 2024: Solid Beginnings

Emerging markets debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter. We see selective value in high-beta, high-yield credit because we believe the global market environment will be conducive to its outperformance. Short-maturity bonds have outperformed but opportunities in longer bonds are appearing.

Emerging Markets - A Changed Asset Class?

Investors have traditionally considered emerging markets to be riskier than developed markets. Recent data point to significant changes in EM fixed income and equity markets. EMs remain resilient during recent DM hiking cycle. EM growth is not as dependent on China as it used to be. Investors may be getting more attuned to these shifts.

SPDR Bloomberg Emerging Markets Local Bond (EBND) Enters Oversold Territory

Weekly Report: what happened at EBND last week (0408-0412)?

Weekly Report: what happened at EBND last week (0401-0405)?

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF declares monthly distribution of $0.0993

Weekly Report: what happened at EBND last week (0325-0329)?

Weekly Report: what happened at EBND last week (0318-0322)?

Dynamics Down Under: Deciphering APAC's Economic Landscape

Home Market Outlook Economy Analysis Dynamics Down Under: Deciphering APAC's Economic Landscape. The Asia-Pacific region stands at a pivotal juncture. Wei Li, Global Chief Investment Strategist for BlackRock joined Oscar Pulido to discuss the intricacies of high inflation in the region.

Cynical Bull - An Emerging Markets Debt Perspective

The VanEck Emerging Markets Bond Fund was up 0.2% in February, in line with its benchmark. The Fund is outperforming its benchmark by around 30 basis points year to date. Zambia and Ecuador were winners, Egypt was a loser in February. The fund increased exposure to local currency and increased duration.

Pakistan: 6 Questions For Emerging Markets Debt Investors

William Blair: Pakistan has a cash flow problem. Local currency debt is more of an issue than external debt. Sovereign debt investors should closely monitor Pakistan’s commitment to achieving a primary surplus. The next finance minister is critical for Pakistan as it seeks to negotiate a new program with the IMF.

SPDR Bloomberg Emerging Markets Local Bond Breaks Below 200-Day Moving Average - Notable for EBND

Re-Emerging Markets

Weekly Report: what happened at EBND last week (0311-0315)?

Weekly Report: what happened at EBND last week (0304-0308)?

Crunch Time For EM Sovereign Debt Restructurings

A recent wave of emerging market sovereign defaults is getting closer to resolution, says Neuberger Berman. The past few years saw a surge in emerging market defaults. The primary market reopened for frontier markets this month with successful issuances from Ivory Coast, Benin and Kenya. We see others coming over the finish line in Ethiopia, Ghana, Sri Lanka and Zambia.

Weekly Report: what happened at EBND last week (0226-0301)?

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF declares monthly distribution of $0.0910

SPDR® Bloomberg Emerging Markets Local Bond ETF (EBND) declares monthly distribution of $0.0910. 30-Day SEC Yield of 5.76% as of Feb. 28. SPDR Bloomberg Barclays Emerging markets local bond ETF has a 30-day SEC yield of 4.9%.

Weekly Report: what happened at EBND last week (0219-0223)?

Four Looming Risks That Could Bolster EM Bonds