(Bloomberg) -- Emerging market bonds were little
changed, pushing down yield spreads over U.S. Treasuries, as
investors remained optimistic about developing nations' growth
prospects.
The average yield spread on emerging-market dollar bonds
over Treasuries fell 2 basis points, or 0.02 percentage point, to
1.57 percentage points, according to JPMorgan Chase & Co.'s EMBI+
index. The bonds fell 0.1 percent on average. They dropped less
than Treasuries, which added to five weeks of losses after
Federal Reserve Bank of Cleveland President said inflation is
``uncomfortably high.''
Read more at Bloomberg Bonds News
changed, pushing down yield spreads over U.S. Treasuries, as
investors remained optimistic about developing nations' growth
prospects.
The average yield spread on emerging-market dollar bonds
over Treasuries fell 2 basis points, or 0.02 percentage point, to
1.57 percentage points, according to JPMorgan Chase & Co.'s EMBI+
index. The bonds fell 0.1 percent on average. They dropped less
than Treasuries, which added to five weeks of losses after
Federal Reserve Bank of Cleveland President said inflation is
``uncomfortably high.''
Read more at Bloomberg Bonds News
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