Despite the escalation of the crisis in the euro-zone, which has taken a heavy toll on bonds issued by troubled governments within the region, the dollar-denominated sovereign debt of emerging market countries on the fringes of the single currency area has performed strongly so far in 2012. Nonetheless, we doubt this will remain the case.
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