After 15% Gain, Traders See Fed Cuts Powering EM Bond Rally
Yahoo Finance·2025-09-22 08:22
Brazil, South Africa and Hungary — should get support from the Fed’s shift and a weaker dollar. Money managers and strategists are betting that the Federal Reserve’s shift back to cutting interest rates will pour fuel on the biggest emerging-market bond rally in years. Most Read from Bloomberg A benchmark for domestic debt from developing-world governments this year has already handed investors a 15% return in dollar terms, putting it on track for the best year since at least 2017. The gains were unleash ...