EM bonds are facing a bumpy, not bumper, year ahead in 2014

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EM bonds are facing a bumpy, not bumper, year ahead in 2014

EM bonds, according to Barclays analysts, are going to have a bumper year for issuance next year. But that flies in the face of every warning that syndicate and origination officials are giving about the likely fragility of the EM primary bond market in 2014.

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