EM bonds to outperform swaps: BoA-Merrill
Bond swap spreads are expected to widen as strong debt performances are driven by the search for carry instead of expectations on central bank rate cuts, indicating that bonds will outperform swaps, says the bank.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts