Reported about 13 hours ago
US policy instability has led investors to seek alternative investments, resulting in a significant rise in local bonds from emerging markets, which have seen their best performance in 16 years. The value of the US dollar has weakened, down nearly 11% this year largely due to President Trump's trade policies, prompting a shift towards emerging-market debt that yielded over 12% returns in the first half of the year, outpacing hard-currency bonds. The influx of investment into EM-debt funds, boosted further by potential rate cuts in developing nations, marks a notable trend in the investment landscape.
Source: YAHOO