|Day's Range||29.53 - 29.57|
|52 Week Range||27.71 - 30.96|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
The yield on the 10-year Brazilian treasury bond is flat today at 10%, but asset manager Invesco recommends profit-taking in Brazil debt on fear that a fresh scandal could unseat yet another leader. The Brazilian real has slumped more than 7% in value against the U.S. dollar today on allegations that President Michel Temer approved a payment to silence the former speaker of the Brazil house, now in jail after masterminding former President Dilma Rousseff's impeachment. Temer denied the charge, which surfaced late Wednesday as part of a corruption investigation at Brazilian meat producer JBS (JBSAY).
This year has seen a resurgence of interest in emerging market (EM) bonds. Many investors who had been scared off the asset class in the months following the U.S. presidential election moved back in. Initial concerns that protectionist policies could ...
Investor demand for emerging market (EM) debt has been strong lately, as the near-term risk of trade wars has faded and income seekers have flocked to the asset class’ higher yields. EM debt funds saw 12 straight weeks of inflows, the longest streak ...