Central banks are shifting toward monetary easing, as they aim to cushion a global slowdown sparked by trade tensions. This policy pivot should help stretch the cycle and has depressed long-term yields, creating a supportive backdrop for income-generating assets. One such asset we favor: local-currency emerging market (EM) debt. The decisively dovish turn in global monetary policy this year has helped drive bond yields to …
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source https://thebtrader.com/2019/07/17/in-search-of-income-in-emerging-market-debt/?utm_source=rss&utm_medium=rss&utm_campaign=in-search-of-income-in-emerging-market-debt
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