1. While not specifically a market report, the study is commercial in outlook and includes a brief analysis of the scale of emerging markets and some forecasts about growth. 2. Already, Alliance has noticed pension funds and state funds buying more emerging market debt. 3. 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. 4. Almost a third of that is invested in emerging markets. 5. Also leading sales will be non-U.S. borrowers, including borrowers in emerging markets, investment bankers said. 6. Also leading sales will be non-U.S. borrowers, including those in emerging markets, investment bankers said. 7. Also, higher U.S. money market yields tend to attract cash away from emerging markets like Mexico. 8. Also leading sales will be non-U.S. borrowers, including some from emerging markets, investment bankers said. 9. Altfest points out that emerging markets are often fueled by American investors, so if the domestic economy declines fearful investors will pull money out. 10. Among bond funds, emerging markets were the worst place to be. |