EMHC News and Press, SPDR Bloomberg Barclays Emerging Markets USD Bond ETF From 04/04/23

2023-04-04 17:31:00 ET Summary Emerging markets' local currency bonds have been resilient amid extreme volatility in U.S. rates, recent banking troubles, and continued uncertainty around inflation and economic growth. Returns have been driven by both local rates (carry and a small...

2023-04-04 12:09:47 ET SPDR Bloomberg Barclays Emerging Markets USD Bond ETF ( NYSEARCA: EMHC ) - $0.0694 . 30-Day SEC Yield of 6.50% as of Mar. 30. Payable Apr 10; for shareholders of record Apr 04; ex-div Apr 03. For further details see: SPDR Bloomberg Barc...

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...

2023-03-09 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...

SPDR Bloomberg Barclays Emerging Markets USD Bond ETF ( EMHC ) - $0.0996 . 30-Day SEC Yield of 6.60% as of Feb. 28. Payable Mar 07; for shareholders of record Mar 02; ex-div Mar 01. For further details see: SPDR Bloomberg Barclays Emerging Markets USD Bond ETF declares m...

Summary Two key risks could challenge recent market optimism: weaker consumption and a squeeze on corporate profitability. Despite these elevated risks, current credit spreads are not reflective of recessionary risks when compared with historical levels. The opportunity set for inco...

Summary EM could be fairly characterized as having low debt and market-based yields, in contrast to higher-indebted and lower-yielding DM countries. EM’s improved fundamentals deserve a special focus as regards net external creditor status. EM is filled with net external creditor...

Summary Despite softer economic conditions globally, emerging markets (EM) credit fundamentals remain supportive—and while we see some pockets of weakness, especially among energy- and food-importing countries, overall we believe EM debt is well positioned to withstand a period of we...

Summary The impact on EMs of more meaningful U.S. growth (and inflation) slowdown in 2H23 could be mitigated by better behavior from the rest of the world, leading to a further moderation in both the USD and interest rates. If, as we believe, this U.S. slowdown is not too harsh, paradox...