In a Low-Rate World, Are Emerging Markets Bonds Right for You? February 25, 2021 So many retirement investors are conditioned to believe that fixed income allocations only mean municipal bonds or Treasuries. With yields low on those assets and the dollar weak, income investors may want to examine emerging markets bonds, an assets class accessible via multiple exchange traded funds, including the EMAG seeks to replicate the price and yield performance of MVIS® EM Aggregate Bond Index, which is comprised of emerging market sovereign bonds and corporate bonds denominated in U.S. dollars, Euros or local emerging market currencies. The index includes both investment grade and below investment grade rated securities.