BlackRock's Bisat says now is time to buy emerging-market debt

The Edge Markets LogoThe Edge Markets1w ago

BlackRock's Bisat says now is time to buy emerging-market debt - The Edge Markets

Quick Summary:

(Nov 24): The world’s biggest money manager is loading up on emerging-market debt again.

Among major emerging markets, he likes Mexico due to good growth prospects, its links to the US and decent yields.

Now that debate is swirling on a slower pace of US rate hikes, dollar-denominated EM sovereign and corporate debt has rallied to send yields down 90 basis points in the past month, according to a Bloomberg index.

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Category: InvestingFinance



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 15:25:54 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #2024 (out of 2476 stories this day)

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Language: English

Article Length: 616 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1912964

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Year Established: 1994

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News Last Updated: 8 hours ago

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