Yields on emerging market (EM) dollar-denominated government and corporate bonds have fallen even further in the past month as ultra-low returns in developed markets have boosted demand for riskier assets. A reassessment of the outlook for Fed policy presents an obvious risk, but with other central banks in easing mode there is scope for EM yields to fall further in the near term.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services