ELD: Playing Emerging Bonds In Local Currencies

For stocks, it’s 222 days. For currencies, 155 days. For local government bonds, 240 days......»»

Governments in emerging markets have typically paid more to borrow in their local currencies than in dollars. Last year, the picture reversed, but Asian domestic yields are at best even with hard-currency yields......»»

Stock markets clawed themselves off their lows on Monday but sentiment remained fragile after the latest flare-up in the U.S.-China trade war sent investors scrambling into government bonds and battered emerging market currencies......»»

Asian shares sank on Monday as the latest salvos in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbor of sovereign bonds and gold, while slugging emerging market currencies......»»

Asian shares sank on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds and gold, while slugging emerging market currencies......»»

A resurgent dollar is exposing weaknesses in the developing world, pushing investors to unwind long-held bets on emerging-market stocks, bonds and currencies......»»

A rebound in Chinese shares and a rally in Italian bonds bolstered Europe's spirits on Tuesday, though the pressure remained firmly on emerging market currencies as the dollar shifted up through the gears again......»»

Strategists at Morgan Stanley on Monday raise their rating on emerging-market currencies and bonds to neutral from negative, in part because global risks are more moderate than projected......»»

Investment bank Goldman Sachs said on Tuesday that it expected emerging market shares, currencies and bonds to see a modest rebound next year......»»

Good morning Baltimore and happy Friday! I've never been much of a baseball fan. I grew up playing and watching soccer and didn't go to my first Major League Baseball game until after I graduated college. I had never even watched a baseball gam.....»»

State and local governments often think that issuing debt to pay down their unfunded pension liabilities, but there are lots of reasons to be wary of the practice......»»

Mike Mie.....»»

City of Austin voters elected to reinstate the camping ban in the weekend's highest-profile local issue. Also on ballots across the area were many elections for businesses to mind, including hundreds of millions of dollars in bond-funded projec.....»»

Turkey's currency and stocks collapsed after the abrupt termination of its central bank head, a move that led investors to take a cautious stance toward risky assets on Monday......»»

With $1.9 trillion in stimulus now a certainty, risk assets such as stocks, emerging-market currencies, crude.....»»

NAR PULSE—Remind your agents that the application deadline for the 2022 National Association of REALTORS® (NAR) Leadership Academy is Feb. 12, 2021! This program identifies, inspires and mentors emerging leaders from the local and state association lev.....»»

The ECB Is Playing A Dangerous Game With "Collective Action Clauses" On Bond.....»»

Swedish fashion retailer H&M said on Thursday its sales tumbled 57% from a year ago in local currencies during the March 1 to May 6 period as the novel coronavirus pandemic and restrictions to curb it kept most of its stores closed......»»

Asian stocks rose to a seven-week high on Thursday, boosted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies stuck to cautious ranges ahead of a European Central Bank meeting later in the day......»»

The last thing we need is an emerging markets crisis, yet all the conditions are there: collapsing oil prices, an economic shock, over-indebtedness and fragile currencies......»»