(Bloomberg) -- Emerging-market bonds slid, pushing
yields over U.S. Treasuries to the widest since October, as
investors reduced their holdings of riskier securities.
Developing nation debt has declined for five days as
growing losses in so-called collateralized debt obligations
backed by subprime mortgages triggers risk aversion. Argentine
and Venezuelan bonds, among the riskiest in emerging markets,
led losses.
Read more at Bloomberg Emerging Markets News
yields over U.S. Treasuries to the widest since October, as
investors reduced their holdings of riskier securities.
Developing nation debt has declined for five days as
growing losses in so-called collateralized debt obligations
backed by subprime mortgages triggers risk aversion. Argentine
and Venezuelan bonds, among the riskiest in emerging markets,
led losses.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment