Strategy Note /
GlobalEM sovereign bonds: Winners and losers amid market weakness
EM spreads have widened due to banking sector-led market weakness, with the index back to levels seen last autumn
High yield has suffered most and will likely continue to underperform, despite pockets of value forming among frontiers
But there is no sign of panic yet with market moves generally not that out-of-line with what we've seen before
Stuart Culverhouse
Chief Economist & Head of Fixed Income Research @ Tellimer Research
21 March 2023
Published byTellimer Research
