热门标签

澳洲幸运5开奖网(www.a55555.net):Recession angst spurs pivot to emerging world’s growth engines

时间:3周前   阅读:9   评论:1

澳洲幸运5开奖网www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

Investors have snapped up local bonds from Indonesia and Thailand, where benchmark rates had hovered around the record lows to which they were cut during the depths of the pandemic.The same happened with debt from India, where the central bank has delivered just one hike.

NEW YORK: As panic over inflation gives way to fears about a global recession, emerging-market investors are making a pivot too – they’re now favouring countries where interest rates are still low.

Investors have snapped up local bonds from Indonesia and Thailand, where benchmark rates had hovered around the record lows to which they were cut during the depths of the pandemic.

The same happened with debt from India, where the central bank has delivered just one hike.

That’s a reversal from the first months of the year, when low-yielding bonds were dumped in favour of debt from nations like Brazil and Chile, which led the world’s tightening cycle.

,

欧博开户网址www.allbet8.vip),欧博网址开放会员注册、代理开户、电脑客户端下载、苹果安卓下载等业务。

,

But with fears of recession superceding concerns about prices over the past weeks, even as inflation continues to spur pain from Sri Lanka to Argentina, having high interest rates is no longer seen as the benefit it once was. It could even be viewed as a drawback when low inflation and growth are at a premium.

“These countries will be in a better position to fight a global slowdown, but they are in this position because the rise of inflation in these Asian countries has lagged other countries in the first place,” said Sebastien Barbe, head of emerging market research at Credit Agricole CIB. “Countries with already high inflation a few months ago had less choice to keep rates low.”

Of course, while some countries will do well from investors’ emphasis on growth, others will look even weaker. There’s US$237bil (RM1.05 trillion) of emerging-market sovereign debt trading at distressed levels, according to data compiled by Bloomberg.

And a high profile default by Sri Lanka has spurred concerns that more non-payments could follow. — Bloomberg


转载说明:本文转载自Sunbet。

上一篇:game tài xỉu đổi tiền(www.vng.app):财政部将在香港发行50亿元国债

下一篇:线上博彩平台排名(www.99cx.vip):Bursa Malaysia closes broadly lower on continued profit-taking

网友评论

  • 2023-01-17 00:12:25

    在稍早宣布以610美元资金收购VMware时,博通执行长陈福阳与博通软体事业群总裁Tom Krause表示,将调整VMware现行服务采买断授权使用模式,未来将透过订阅方式增加VMware营收。很好很精致噢