KHYB - EM Debt 2024: Solid Beginnings

2024-04-18 08:15:00 ET

Summary

• Emerging markets debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter.
• We continue to believe that there are attractive opportunities for investors to increase exposure to long-duration securities to lock in attractive real and nominal yields.
• We see selective value in high-beta, high-yield credit because we believe the global market environment will be conducive to its outperformance.

Emerging markets ((EM)) debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter, thanks to a benign global macro backdrop, solid EM credit fundamentals, improving technical conditions, and still-decent valuations....

For further details see: