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18.03.2015 16:24:17
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Emerging market debt approaches turning point - News by Co-Head of Emerging Markets Debt Relative
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| James Barrineau, Co-Head of Emerging Markets Debt Relative This week's Federal Open Markets Committee could mark an inflection point for emerging market debt. There is currently a significant degree of weakness in emerging market debt markets. One of the key reasons for this fragility has been the lack of clarity in the path of the Federal Reserve's (Fed) interest rate policy. In the first two weeks of March, speculation over a rate hike from the Fed gathered pace, with prices aggressively falling to reflect a hawkish turn in Fed policy. (...) Click here to read full article
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