Emerging Market Bonds Decline as Investor Aversion to Riskier Assets Rises

(Bloomberg) -- Emerging-market bonds declined,
reversing earlier gains, as investors resumed selling riskier,
higher-yielding assets on mounting concern about losses related
to subprime mortgages.

The extra yield over U.S. Treasuries that investors demand
to hold the developing nation debt has soared to the highest in
more than a year. Argentine debt, among the riskiest in emerging
markets, has posted the biggest declines.


Read more at Bloomberg Emerging Markets News