The Hump and Kink in Brazil’s Yield Curve to Become More Pronounced
I expect the hump and kink in Brazil's rate curve to get more pronounced as a deeper rate-cutting cycle should get priced in and the curve should...
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South African Bonds Switch from Outperformers to Underperformers
Besides external drivers, domestic factors have turned negative in South Africa – particularly rising inflation and worsening debt profile –...
276 Views
Turkish Lira Takes the Helm as the Worst-Performing EM Currency
The Turkish lira is effectively in a vicious cycle: weakening currency adds to inflationary pressures, which with the central bank on hold means...
244 Views
Yields in Asia Are Far from the Peak – Part II
Rates in Asia are vulnerable to further correction as they are expensive versus the rest of EM, rising inflation should result in further rate...
281 Views
Which EM Currency Has Suffered the Most Since Russia’s Invasion of Ukraine?
Adding to the economic woes from Russia's aggression, the Hungarian forint has suffered as the central bank has signaled less aggressive monetary...
280 Views