Pressure Mounts for Emerging Market Bond ETFs
This article was originally published on ETFTrends.com.
Dollar-denominated emerging market bonds and related exchange traded funds are under increased pressure as the Federal Reserve hikes interest rates, trade tensions escalate and the U.S. dollar strengthens. Year-to-date, the iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB) and Invesco Emerging Markets Sovereign Debt Portfolio (NYSEArca: PCY), which both track USD-denominated emerging market [...]