Favorable views of emerging markets debt jibe with comments made by PIMCO last month. “Continuing vulnerabilities in global growth suggest there is fundamental value in EM bond yields at present valuations, as interest rate hikes priced into EM yield curves are unlikely to materialize in an environment of tentative growth,” the world’s largest bond manager said in a commentary.
iShares Emerging Markets Local Currency Bond ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EMB.