PineBridge: Downgrades of Emerging Market Bonds Are Rarely Contagious - Institutional Investor

The distressed bond markets in Russia and China’s property sector don’t imply a dark future for emerging market debt as a whole.

Emerging market countries diverge sharply when it comes to economic growth and credit risks. For bond investors, that could be a good thing.  Thats because theres little risk that a bond default in … [+2637 chars]

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