Bonds Could Be Strong Emerging Markets Bets in 2023
December 23, 2022 at 09:15 AM EST
Fixed income investors know that 2022 was rough for domestic bonds. Seven interest rate hikes by the Federal Reserve will do that, but the turbulence wasn’t confined to U.S. fixed income assets. Due in large part to the dollar soaring on the back of those rate hikes, dollar-denominated emerging markets bonds tumbled. Down 20.16% year-to-date, [...] The post Bonds Could Be Strong Emerging Markets Bets in 2023 appeared first on ETF Trends .
