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The Case for Local Currency Bonds “Si, Se Puede!”

By Gustavo Medeiros of Ashmore Group Believe it or not, Emerging Markets (EM) local currency bonds have been outperforming global fixed income asset classes for the past 18-months. Most of the outperformance has been based on an early and more appropriate hiking cycle from EM central banks, who are cutting rates ahead of developed market (DM) central [...] The post The Case for Local Currency Bonds “Si, Se Puede!” appeared first on ETF Trends .
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