(Bloomberg) -- Emerging-market bonds advanced, led
by Argentine and Ecuadorean debt, as appetite for riskier,
higher-yielding securities rebounded.
Developing nation debt erased yesterday's losses as
investors speculated the fallout from the U.S. subprime mortgage
crisis will be limited. Speculation of greater losses linked to
bad bets on collateralized debt obligations backed by these
mortgages led investors to shun risky assets yesterday.
Read more at Bloomberg Bonds News
by Argentine and Ecuadorean debt, as appetite for riskier,
higher-yielding securities rebounded.
Developing nation debt erased yesterday's losses as
investors speculated the fallout from the U.S. subprime mortgage
crisis will be limited. Speculation of greater losses linked to
bad bets on collateralized debt obligations backed by these
mortgages led investors to shun risky assets yesterday.
Read more at Bloomberg Bonds News
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