BlackRock: Current Emerging Markets USD Debt Is Quite Attractive
According to Golden Ten Data on April 7, BlackRock strategists stated in a report that as the Middle East war drives up the US dollar, emerging market dollar-denominated debt appears particularly attractive. They pointed out that dollar-denominated debt is not affected by local currency fluctuations. The strategists also said that compared with other emerging market assets, the sovereign debt of commodity and energy exporting countries may be more resilient.
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