Tag: bond markets
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Local Markets Shine In A Solid Quarter For EM Debt
Overview: A Robust Quarter for Emerging Market Debt Emerging market (EM) debt delivered a notably better performance in the latest quarter as local markets showed resilience amid shifting global rates and improving balance-of-payments dynamics. Investors sought higher yields and diversification from a broad array of EM sovereign and corporate bonds, while local-currency debt benefited from…
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Reeves Signals Higher Taxes on the Wealthy as Part of November Budget Plan
Overview: Reeves frames November budget as a growth-focused plan Chancellor Rachel Reeves has signaled that higher taxes on the UK’s wealthiest could feature in the upcoming November budget, framing the move as part of a broader strategy to repair public finances without returning to austerity. Speaking in Washington at the International Monetary Fund (IMF) meetings,…