The world has never been more indebted after a year of battling Covid-19. And there’s even more borrowing ahead. Governments, companies and households raised $24 trillion last year to offset the pandemic’s economic toll, bringing the global debt total to an all-time high of $281 trillion by the end of …
Read More »European instos grow hungry for high yielding EM debt | Asset Owners
European institutional investors and bond managers are moving up the risk spectrum, favouring emerging market debt and high yield bonds in current fixed income allocations in the increasingly difficult search for yield. Their willingness to embrace more risk in their fixed income portfolios in order to obtain yields of over …
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