Emerging market bonds undervalued, says Crédit Agricole

Yields on domestic currency sovereign bonds do not accurately reflect the prospects for growth in emerging markets over the next decade, say analysts at Crédit Agricole Corporate and Investment Bank.

Instead, bond yields are being influenced by the “weight of history”.

Speaking at a media briefing on April 13, asset allocation analyst Jean-François Perrin said local currency bonds from the larger emerging market sovereigns represent significantly better value than their US dollar equivalents.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: