1.   Already, South Korean banks have been roiling emerging markets by selling a lot of the Latin American and other emerging market bonds they hold to raise funds.

2.   And demand by investors chasing increasingly stable, yet high-yielding emerging market bonds, drove them up too far and made them ripe for a fall.

3.   As the herd stampeded out of junk bonds, convertible debt, emerging market bonds, even relatively unrisky corporate issues, buyers for these securities disappeared.

4.   At the same time, Susan Gray was named to the newly created position of capital markets strategist and senior portfolio manager for emerging market bonds.

5.   At the same time, yields on emerging market bonds have plunged as mutual funds have snapped up the securities to boost their returns.

6.   Bond funds marketed in the U.S. invest in everything from junk bonds and emerging markets bonds to municipal and U.S. government bonds.

7.   Bond funds marketed in the U.S. invest in everything from junk bonds to emerging markets bonds to municipal bonds to U.S. government bonds.

8.   Commercial banks have gained market share underwriting bonds, but such work makes relatively little money for the banks, the McKinsey study said.

9.   Emerging market bond yields started rising a week ago amid concern the recent currency crisis in Asia would spill-over into Latin America.

10.   Emerging market bonds have been buffeted recently by concern a meltdown in Asian financial markets could discourage investors from buying risky developing country securities.