Investment grade emerging markets debt could be good “rainy day exposure” if the U.S. falls into a recession. At least, that’s what Vanguard’s co-head of emerging markets active fixed income Nick Eisinger is saying. Per Bloomberg, Eisinger said if a recession occurs, the market is likely to “anticipate rate cuts by the Federal Reserve.” This [...] The post Vanguard: Emerging Markets Debt Could be Good ‘Rainy Day Exposure’ appeared first on ETF Trends .