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Emerging markets debt: Valuations appear attractive despite uncertain macro backdrop

23 January 2023

Emerging markets (EM) hard and local currency denominated sovereign bonds rose in the fourth quarter of 2022, as a softer-than-expected inflation print in the US and the potential end to China’s zero-COVID policy lured yield seeking investors.

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Capital Group

Emerging markets debt: Valuations appear attractive despite uncertain macro backdrop

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