2020 Outlook for Emerging Markets Debt | February 2020

Thursday, February 6, 2020

As we enter 2020, a number of factors lead us to think the outlook for emerging markets debt is positive. Global market conditions remain supportive of emerging markets debt (EMD). Fundamentals are positive. Inflows and low net refinancing needs provide a solid technical backdrop. Additionally, valuations continue to be attractive. Thus, as we explain in the attached, we expect a solid 2020 after a stellar 2019 for EMD.

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