Trump’s red wave puts emerging markets under water
Double-whammy of higher U.S. yields and stronger dollar, with peak deglobalization still to come Most people think my newsletter is only about sovereign debt. This is a fair assumption: after all, “sovereign” is in the name. But it’s also about deglobalization, geoeconomic fragmentation, slowbalization. Or whatever other convoluted term you want to label the post-2016 […]
Emerging economies adrift in a high-debt world
With global public debt at $100 trillion, many countries need more IMF-World Bank help. Now that the dust has settled over last week’s IMF-World Bank Annual Meetings here in Washington, D.C., I can’t help but feel underwhelmed. The meetings have achieved only incremental progress at a time when bold measures are needed to foster growth, […]
- Ukraine Fails to Reach Deal to Restructure $3.2 Billion Debt - Bloomberg
- The dollar has further to fall
- IMF warns of rising US recession risk and defends Fed rate policy
- Bessent Expects Tariff Standoff With China to De-Escalate - Bloomberg
- German bonds rise with euro as investors head for Europe’s haven
- US stocks and dollar sink as Trump renews attacks on Fed chair Powell
- Yen, Asian bonds and gold rise as trade war prompts 'flight to quality'
- The real bond vigilantes hounding Trump are Asian
- Saudi Arabia considers settling Syria’s arrears to World Bank
- Trapped in debt: China’s role in Laos’ economic crisis
- EM nations hit pause on debt sales after record first quarter
- Japan's ruling heavyweight says Tokyo shouldn't sell U.S. Treasuries
- Private lenders’ resistance to Ethiopia’s debt relief highlights urgent need for debt architecture reform
- Angola hit with $200mn JPMorgan margin call as African bonds tumble
- A Global Rebalancing Is Well Underway as Investors Sell Off U.S. Bonds - Barron's