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The Diverging Fortunes of Emerging Markets
Jun
29
2020

The Diverging Fortunes of Emerging Markets

This year’s COVID shock accelerated a secular decline in interest rates around the world. Emerging market (EM) rates are no exception. The yield on the JP Morgan Emerging Market Local Currency Index (GBI-EM) declined to a series low of 4.6% compared to a 6.3% average in the prior decade...
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All Authors
Michael Arno
Reina Berlien
Alberto Boquin
Regina Borromeo
J. Patrick Bradley
Tracy Chen
James Clarke
Brian Giuliano
Gerhardt (Gary) Herbert
David Hoffman
Patrick Kaser
Brian Kloss
Richard Lawrence
Carol Lye
Jack McIntyre
Dorothee Rainis
Sorin Roibu
Anujeet Sareen
Francis Scotland
Stephen Smith
William Vaughan
Chen Zhao
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