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EM Fixed Income: Assessing the Situation and Path Ahead for EM in Week 2 of the Middle East Conflict
SUMMARY
- Market volatility due to ongoing war impacting EM fixed income
- Uncertainty in market direction, cautious approach to positioning
- Base case scenario of 3-4 week air campaign with potential for economic fallout; potential for earlier resolution if oil prices continue to climb
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- EM Fixed Income: Assessing the Situation and Path Ahead for EM in Week 2 of the Middle East Conflict16 Mar 2026
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