Emerging market (EM) local currency debt looks set to extend gains in early 2020, as contained trade war fears and ample liquidity sustain investors' hunt for yield.
Senior fund managers and economists discuss biggest headwinds and tailwinds
Equities and bonds have moved in lockstep
No asset has divided opinion in the investor community over the past seven years like government bonds.
Q2 2019 saw strong performances recorded on the main indices tracking emerging market debt (EMD), with nearly all of the risk factors across the EMD sovereign local currency, sovereign hard currency and corporate hard currency segments contributing positively...