‘No place to hide’ in EM as oil crash smashes bonds

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Emerging Markets

‘No place to hide’ in EM as oil crash smashes bonds

Tyler Davies
March 09, 2020 01:45 PM
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09 March 2020, Hessen, Frankfurt/Main: A stock trader rubs his eyes on the floor of the Frankfurt Stock Exchange. Stock exchanges around the world are reacting with huge losses to the fall in oil prices and concerns about the economic consequences of the coronavirus epidemic. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

Emerging market bond valuations were in free-fall on Monday, after a collapse in the price of oil gave investors yet another reason to worry about the global economic outlook.

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Topics

CoronavirusEmerging MarketsRaiffeisen Bank International AGEMEA
TD
Tyler Davies
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