Paying the price of higher growth upfront

Emerging market fixed income Q1 review and Q2 outlook

13 apr 2021

Q1 presented negative total returns across EM fixed income with a marked increase in US Treasury yields, driven by larger-than-previously-expected growth expectations in 2021 and a stronger US dollar. In Q2, we expect some tailwinds to EM from higher global growth.


Fixed Income insights

UBS Asset Management Nederland

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