EM bonds post returns again

EM bonds post returns again

Funds

Emerging market hard currency bonds produced a 0.18% return in the week to February 20, after a 0.39% increase a week before. Local currency debt funds were up 0.16% in the week, compared to a 0.42% surge a week earlier, according to fund performance data from Lipper. International income funds rose 0.14%, which followed from a 0.49% increase the previous week. However, both types of funds still posted losses on a year-to-date basis: hard currency funds were down 0.38% and local currency ones we

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