皇冠网址
热门标签

皇冠官方网址:Recession angst spurs pivot to emerging world’s growth engines

时间:2周前   阅读:8   评论:2

皇冠官方网址www.99cx.vip)实时更新发布最新最快最有效的皇冠官方网址,包括皇冠官方手机网址,皇冠官方备用网址,皇冠官方最新网址,皇冠官方足球网址,皇冠官方网址大全。

Investors have snapped up local bonds from Indonesia and Thailand, where benchmark rates had hovered around the record lows to which they were cut during the depths of the pandemic.The same happened with debt from India, where the central bank has delivered just one hike.

NEW YORK: As panic over inflation gives way to fears about a global recession, emerging-market investors are making a pivot too – they’re now favouring countries where interest rates are still low.

Investors have snapped up local bonds from Indonesia and Thailand, where benchmark rates had hovered around the record lows to which they were cut during the depths of the pandemic.

The same happened with debt from India, where the central bank has delivered just one hike.

That’s a reversal from the first months of the year, when low-yielding bonds were dumped in favour of debt from nations like Brazil and Chile, which led the world’s tightening cycle.

,

哈希游戏源码出售www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希游戏源码出售开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏源码下载、出售。

,

But with fears of recession superceding concerns about prices over the past weeks, even as inflation continues to spur pain from Sri Lanka to Argentina, having high interest rates is no longer seen as the benefit it once was. It could even be viewed as a drawback when low inflation and growth are at a premium.

“These countries will be in a better position to fight a global slowdown, but they are in this position because the rise of inflation in these Asian countries has lagged other countries in the first place,” said Sebastien Barbe, head of emerging market research at Credit Agricole CIB. “Countries with already high inflation a few months ago had less choice to keep rates low.”

Of course, while some countries will do well from investors’ emphasis on growth, others will look even weaker. There’s US$237bil (RM1.05 trillion) of emerging-market sovereign debt trading at distressed levels, according to data compiled by Bloomberg.

And a high profile default by Sri Lanka has spurred concerns that more non-payments could follow. — Bloomberg


转载说明:本文转载自Sunbet。

上一篇:新2网址(www.hg108.vip):《经济数据》美国7月进口物价按月下降1.4% 逾两年最大跌幅

下一篇:怎样打三公十打九赢(www.eth108.vip)

网友评论

  • 2023-01-19 00:09:54

    金色财经报道,BTC.com数据显示,现在比特币全网未确认生意数目为10667笔,,

    以太坊开奖生活又有希望啦