A Surprisingly Sturdy Corner of the Bond Market
February 26, 2024 at 08:00 AM EST
Over the past several years, emerging market debt denominated in local currencies has been a resilient corner of the bond market. Over that span, the VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) performed in line with the Bloomberg US Aggregate Bond Index. And during that time, it sharply outperformed the dollar-denominated J.P. Morgan [...] The post A Surprisingly Sturdy Corner of the Bond Market appeared first on ETF Trends .