Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Money managers and strategists are betting that the Federal Reserve’s shift back to cutting interest rates will pour fuel on the biggest emerging-market bond rally in years.
A benchmark for domestic debt from developing-world governments this year has already handed investors a 15% return in dollar terms, putting it on track for the best year since at least 2017. The gains were unleashed after President Donald Trump’s trade war and rapid policy changes cast doubts on the outlook for the world’s largest economy, driving investors to shift some cash elsewhere.