This is the latest monthly update on Emerging Markets Bond. It provides a review of the market and the latest outlook for the sector. View for more details.

Key Highlights 

  • In USD terms, the Emerging markets (EM) debt delivered a return of 2.9% over the month.
  • The European Central Bank delivered a strongly-anticipated fresh round of easing measures, cutting the deposit rate and increasing the size and scope of its monthly bond buying program.
  • We remain selective in terms of adding risk exposure given the high level of correlation across markets and in particular of risk assets with the oil price.
  • Technicals remain important for EM debt and we expect more issuance, especially among high yield names and corporates.
  •  

    Please click "Download PDF" for full article.