Emerging Market Bonds Are The Hot New Trade But…

As the hunt for yield intensifies, investors are now piling into emerging market bonds as they look under every rock to try and the best returns on the global financial market. According to the Financial Times, which cites data from EPFR, a widely followed tracker of mutual funds, investors are now pouring money into emerging market bonds at a record pace. The last two weeks saw record flows to emerging market bond funds. What’s more, data from the Institute of International Finance shows that last week cross-border flows into emerging market stocks and bonds hit the highest level since 2013….