Will a Looming Debt Crisis Take From Emerging Markets?
April 07, 2020 at 07:30 AM EDT
In a world where the safety of bonds from equities as of late is allowing fixed income investors to scour certain areas of the market, it’s one where emerging markets (EM) debt is being put under the proverbial microscope. With the coronavirus pandemic in full swing around the globe, it puts EM at risk of defaults, which is souring investors’ tastes for EM debt as a whole.