Emerging Market Investors Avoid Riskiest Bonds Amid US Yield Surge
Emerging-market investors are retreating from riskier bonds due to a global credit market selloff and soaring US Treasury yields. Credit spreads remain tight at levels unseen since 2007, raising concerns of potential bond selloffs. Analysts recommend reducing exposure to some countries while favoring higher-rated bonds from Indonesia and the Philippines.
ET Markets·4h ago




