Reported about 24 hours ago
Recent global market turmoil has led emerging-market investors to favor higher-quality dollar bonds, signaling an end to years of junk debt outperformance. Major investment firms are purchasing sovereign notes from countries with better ratings, acknowledging the risks associated with lower-rated debts. As investment-grade bonds show positive returns for the first time in five years, traders are increasingly cautious, moving away from riskier assets amidst concerns about economic stability.
Source: YAHOO