In the wake of the disappointing May jobs report, which significantly reduced the chances of the Federal Reserve raising interest rates this month or next month, data suggest investors are renewing their affinity for emerging markets exchange-traded funds.
The same is certainly true when it comes to ETFs tracking emerging markets sovereign debt. Actually, investors have been enthusiastic about this asset, probably more so than developing world equities, for essentially all of 2016 to this point.
EMB Skids Ahead
Bloomberg had a great anecdote in an article out Tuesday regarding this topic. Investors have poured so much cash into the iShares JPMorgan USD Emer Mkt Bnd Fd ETF (NYSE: EMB) in recent weeks that the ETF is now the largest emerging markets bond fund ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8091108/investors-really-like-emerging-markets-bonds-etfs-too alt=Investors Really Like Emerging Markets' Bonds ETFs, Too>Full story available on Benzinga.com
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