EM junk debt rally set to snap


A PLUNGE in global risk appetite is pushing emerging-market (EM) investors into higher quality dollar bonds, signalling a years-long rally in junk debt from developing nations might be at an end. 

Money managers from Pinebridge Investments to T Rowe Price and TCW Group are scooping up sovereign notes from countries including Mexico, Colombia and South Africa, touting their high liquidity, market access and fair valuation.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sirim appoints Nik Sazali Nik Hussin as president and group CEO
Maybank rolls out next-generation Maybank2E platform
Gas Malaysia advances energy security, resilience via partnership with�Tokyo Gas, VTTI
Nvidia clinches deals with South Korean giants include SK Group to advance AI boom
IATA: Middle East disruptions, high fuel prices to halve airline industry profitability in 2026
How can retail investors buy shares in SpaceX's IPO?
Invest Malaysia 2026 to feature 61 Malaysian corporates, attract more than 1,500 delegates
Foreign selling streak on Bursa Malaysia enters fourth week with RM1.05bil outflows
Astro names Henry Tan interim group CEO as Euan Smith steps down
Bursa Malaysia starts week lower amid cautious sentiment

Others Also Read