Emerging Market Bonds: Accident Ready to Happen
Friday, May 7th, 2010Lawrence Weinman submits:
The WSJ had an article yesterday: "Emerging Markets’ Low Yields Still Find Fans, Debt Interest Rates Plumb the Depths As Investors Flock," about the continued rush of investors into emerging markets bonds with the consequence that the countries in this category are able to borrow at rates that are extremely attractive for the issuers. For the investors not so much.
Some current yields on 10 year bonds mentioned in the article
