Things Looking Up For Emerging Market Debt, Says ING

As long as low inflation expectations in the US remain steady, the global view of emerging market debt is positive, says an ING Wholesale Banking Asia study released Wednesday. ING identified, in its report titled "Strategy What's Changed?," that the

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As long as low inflation expectations in the US remain steady, the global view of emerging market debt is positive, says an ING Wholesale Banking Asia study released Wednesday.

ING identified, in its report titled “Strategy: What’s Changed?,” that the re-pricing of emerging market assets for US growth saw Asian stock and bond markets making improvements. The depreciation of the dollar and rising commodity prices crystallized inflation fears and triggered a sell-off that erased most of the year’s gain.

But ING predicts a positive swing for global debt based upon the Fed’s commitment to keeping inflation low and the interest rate environment stable.

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