Insights

Emerging Market Debt Commentary – October 2020


Emerging market (EM) debt ended the month flat overall in US dollar terms. A pick-up in volatility was evident towards the end of the month as a new COVID-19 infection wave was seen in parts of Europe and the US, and a series of new and more stringent lockdown measures were introduced. This led to investor concerns about a potential pause in the underlying economic recovery, leading to a correction in risk assets.
 

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