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Desperate Need for Yield Pushes Investors Into Frontier Markets


Desperate Need for Yield Pushes Investors Into Frontier Debt
Bloomberg
12/21/2020
Lilian Karunungan
(Bloomberg) It says a lot about the state of global financial markets when countries such as Ghana, Senegal and even Belarus are being touted as the best places for investors to pick up returns in 2021.
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But, with the latest signal from the Federal Reserve that U.S. rates will stay lower for longer, the highest-yielding and riskiest corners of the world’s bond markets are being tipped as a top investment choice for the coming year. And this, after likely clocking up their smallest annual gain in five years. ....

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