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SINGAPORE (BLOOMBERG) - Emerging-market bonds were supposed to be dragged down this year as central banks moved toward withdrawing stimulus. Instead, the best-performing global debt was all from developing nations. . Read more at straitstimes.com.
Emerging-market bonds have surprised analysts by being the best-performing global debt in 2021.
South Africa, China, Indonesia, India provided the best returns.
Sovereign bonds issued by SA, China, Indonesia, India and Croatia topped the rankings of 46 markets around the world in 2021
(Bloomberg) -- Emerging-market bonds were supposed to be dragged down this year as central banks moved toward withdrawing stimulus. Instead, the best-performing global debt was all from developing nations.