“Dollar bonds from fiscally stretched emerging governments lose value as a supply shock drains reserves and forces spreads wider, with the fragile sovereigns front and center.”
“usually it's your emerging markets, your countries that have lower buffers, that don't have strategic reserves, that are already constrained from a fiscal position. Those are the countries that are going to be front and center.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.