Emerging Market Bonds: The Worst Is Yet To Come

Emerging market bonds are seeing huge outflows in recent weeks as Wall Street firms turn against the securities in the face of change in the United States. The expected change in the Federal Reserve quantitative easing program has already caused problems in emerging markets, but the worst may be to come, according to analysts. Bloomberg looked at emerging market sentiment among big Wall Street firms in a piece today, and the news wasn’t all that good for investors in emerging markets. BlackRock Inc. (NYSE:BLX)’s head of fixed income Jeffrey Rosenberg told the outlet, “We’re not yet convinced that we’ve seen…