Reported about 1 month ago
In September, emerging market borrowers are rushing to the bond market, raising a record $28 billion in the first five days as they prepare for potential volatility linked to the upcoming U.S. presidential election and economic indicators. This surge marks a significant increase from last year's $12 billion during the same period, with issuers favoring dollar-denominated bonds to hedge against market fluctuations. Analysts warn that if U.S. economic concerns arise, spreads could widen, prompting a decrease in future bond issuances.
Source: YAHOO