By Shamaila Khan
Emerging-market ((EM)) bonds got off to a strong start after a difficult 2018. Are more gains possible? We think so, and volatility sparked by increased trade tension may provide a buying opportunity for selective investors.
Last year was a tough one for emerging-market debt ((EMD)), which sold off broadly in an environment of rising interest rates, a strong US dollar and a global drift toward tariffs and trade protectionism.
Since then, some of the key risks that weighed on the market in 2018 have faded. The US Federal Reserve signaled that it