01.05.2017 - Emerging Markets Corporate Bonds Update for April 2017
• Positive market developments due to robust inflows into the asset class and stable US yields
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• High inventory levels in China and expected cool down of the Chinese real estate market
• Involvement in relative value trades because of weak market returns in absolute terms
• Chart of the month: Yield development Banco do Brasil 2022 vs. Caixa 2022