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Emerging-market bond revival is "good news for portfolio managers"

US yields are posting the biggest drop since March, giving a boost to emerging-market assets – stocks are on track for their first month of gains since July.
Photo: Bloomberg
Photo: Bloomberg
By Zijia Song and Selcuk Gokoluk, Bloomberg

Emerging-market borrowers are piling back into global bond markets, selling about USD 20bn in dollar notes in just a few days, all too aware that the window of opportunity may snap shut as suddenly as it opened. 

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