All into Account: ‘EM Fixed Income & Currencies: Has positioning run too far?’ with Saad Siddiqui, Global EM Strategist, and Anezka Christovova, Head of EMEA Local Markets Strategy

EM fixed income assets have continued to rally, but in the near term risk appetite has probably gone a little too far. Our EM FX Risk Appetite Index shows overbought conditions in EM FX, and EM sovereign positions are now firmly OW according to our Client Survey. There are fewer signs that EM rates markets are overly positioned, so we continue to be bullish local bonds.

 

 

This podcast was recorded on January 30, 2023.
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