Junk bonds at risk as EMs brace for ‘Trumponomics’

November 25, 2024

A Bloomberg index of high-yielding sovereign dollar debt is heading for a 15% surge this year, the biggest annual gain since 2016. Global investors are rewarding countries such as Argentina, Sri Lanka and Ghana for healing their defaults and embarking on economic reforms. This rally has shown resilience even to the US yield spikes of the past two months.

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As many puzzles as lessons from state elections which proved there’s more to BJP than just Modi: Swaminathan Aiyar

Swaminathan Aiyar, Consulting Editor of ET Now, analyzes the recent election results in Maharashtra and Jharkhand, highlighting the BJP’s surprising victories despite a previous setback

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