Debt and Credit Outlook

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Emerging Markets Local Income (EMLI) strategy: Casting the widest net in emerging-markets debt (Eaton Vance)

In 2017, investors rediscovered their enthusiasm for emerging-markets (EM) local currency debt. With a yield in excess of 6% on the JP Morgan Government Bond Index – Emerging Markets (GBI-EM) Global Diversified in 2017 as of 30 September, EM local currency debt has been the highest yielding of the major global fixed-income sectors. Total return in US ...

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