Growth concerns are being balanced by China reopening

It was not an economic data release, but downbeat remarks from CEOs of major US banks about growth headwinds ahead that led the US equity market lower yesterday. Yet, on the positive side of the ledger, China’s National Health Commission announced 10 new measures to ease Covid restrictions. Dario Messi, from Fixed Income Research, joined the show to talk about why the fundamental backdrop for emerging market hard-currency bonds has turned attractive.

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)

03:32 Emerging market hard currency bonds upgraded to ‘Overweight’ by Dario Messi (Fixed-income Research)

07:08 Closing remarks by Mike Rauber (Investment Writing)