EMBD News and Press, Global X Emerging Markets Bond From 05/02/23

2023-05-02 14:27:00 ET Summary The distressed debt market may present opportunities if default probabilities are overestimated and recovery values are underestimated, as we believe they are. In the high-beta bucket, our largest overweight positions are in Egypt, Argentina, and Ang...

2023-05-01 09:45:00 ET Summary We see bond yields staying high in the new macro regime - that means income is back as a portfolio driver. We stay nimble and granular across fixed income. U.S. stocks rallied from a four-week low last week after tech earnings beat. Yields fell even ...

2023-04-24 10:30:00 ET Summary We are leaning into our preference for emerging market (EM) assets due to China’s restart, ending EM interest rate hiking cycles and a weaker U.S. dollar. Global stocks were flat on the week. PMI data showed economic activity holding up in the...

2023-04-19 03:09:00 ET Summary Aggressive monetary pressure finally saw meaningful impact in the first quarter, in the form of a bank liquidity crisis that required swift intervention by regulators to limit contagion. Markets reacted with volatility and, in anticipation of tighter...

2023-04-14 01:35:00 ET Summary Shorter securities with appealing characteristics are available across fixed income markets. Recent market volatility aside, we believe central banks will have to maintain current policy for longer, with inflation likely not getting back to the 2% ta...

2023-03-31 08:45:00 ET Summary Given the constantly evolving nature of ESG investing, Syntax believes gaining clarity is of the utmost importance to the growing number of investors in this space. An ESG standard is a set of criteria that identifies a company's alignment or adheren...

2023-03-30 12:51:00 ET Summary EM fixed income has been hit by an increase in risk aversion led by concerns about the health of the U.S. banking sector. We believe the overall global macro backdrop should remain supportive of EM debt fundamentals. We believe recent development...

2023-03-25 02:50:00 ET Summary On March 22, the U.S. Federal Reserve (Fed) hiked interest rates by 25 basis points to curb inflation despite turmoil in the banking industry. While the full impact of the turmoil in the banking industry and the Fed’s response is still unknowa...

2023-03-16 01:24:00 ET Summary The crisis has broader macroeconomic implications and serves as a potent reminder that the banking system, asset markets, and the broader economy are all intrinsically linked via interest rates. Recession risks have increased because of the likelihoo...

2023-03-09 05:45:00 ET Summary Investors in emerging markets (EM) have endured a decade of poor performance. Most EM currencies are relatively cheap today. Attractively valued currencies create favorable conditions for EM countries and companies to overcome the challenges amid...