“Emerging-markets local debt has been among the worst-performing fixed-income sectors in recent years, and 2021 was no exception,” said Mike Mulach, a research analyst manager for Morningstar, noting that the JPMorgan GBI -EM Global Diversified Index that tracks EM sovereign debt
Emerging Markets Bonds Could Be a Value Option
“Emerging-markets local debt has been among the worst-performing fixed-income sectors in recent years, and 2021 was no exception,” said Mike Mulach, a research analyst manager for Morningstar, noting that the JPMorgan GBI -EM Global Diversified Index that tracks EM sovereign debt