Positive returns continue to be made

Emerging bond markets continue to generate attractive returns. In February, the JP Morgan Emerging Market Bond Index Global (EMBIG) generated a 3.2% return in US dollar terms while returning 12.29% over the past 12 months. In the previous year, weak global economic conditions and volatility in select countries created a stress test for emerging bond markets and yet emerging debt market performance still generated strong returns and outperformed most US-dollar fixed income asset classes on an absolute and risk-adjusted basis. There are several noteworthy characteristics and d...