Nothing is broken in emerging market debt which cannot be fixed. However, the repairs may take some time, says Rob Hall, institutional fixed income portfolio manager at MFS Investment Management.
We have seen a lot of smoke billowing around emerging market debt this year, as falling emerging market currencies have grabbed headlines. If there is a fire behind all this smoke, what kind of fire...
The US dollar is close to peaking and the risks now seem to be on the downside.
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