Jeremy Ocansey says the balance of evidence on emerging market debt looks more constructive than it has for some time...
Emerging market debt has often been treated as a specialist corner of fixed income, something for adventurous investors rather than a core portfolio building block. After several years of painful adjustment, many emerging economies are entering 2026 with more credible central banks, healthier real yields and stronger external positions than investors typically give them credit for. Source: LSEG Datastream The attraction starts with income. Yields across parts of emerging market debt remain compelling relative to developed market bonds, giving investors a useful cushion if marke...
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