Decrease in Default Risk in Emerging Markets Driving Surge in Riskiest Bonds
Sunday, 10 March 2024, 12:00
Decrease in Default Risk Boosts Emerging Markets
The risk of government defaults in emerging markets is diminishing, leading to a significant rally in bonds previously on the brink of collapse. Junk-rated sovereign debt is experiencing its strongest performance at the beginning of a year since 2019, indicating a positive shift in market sentiment.
Rally in Riskiest Bonds
The surge in riskiest bonds has been fueled by the fading default risk in emerging markets, providing investors with renewed confidence in these markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.