Just days removed from Great Britain's decision to leave the European Union, also known as “Brexit,” emerging markets probably are not the first destination investors are thinking of. But Brexit is unlikely to stop investors' thirst for yield, and when the dust settles, those investors may want to revisit emerging markets debt and exchange-traded funds such as the iShares JPMorgan USD Emer Mkt Bnd Fd ETF (NYSE: EMB).
Brexit, Federal Reserve And Chasing Yield
Brexit significantly reduced the chances of the Federal Reserve raising interest rates next month or maybe even this year, and 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 ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8157803/bolstering-the-case-for-emerging-markets-bond-etfs alt=Bolstering The Case For Emerging Markets Bond ETFs>Full story available on Benzinga.com
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