Crisis Echoes Grow Louder in Emerging Market Sovereign Bonds
Businessmen walk past a stocks board in the Johannesburg Stock Exchange in Johannesburg, South Africa (Photographer: Nadine Hutton/Bloomberg News)

Crisis Echoes Grow Louder in Emerging Market Sovereign Bonds

(Bloomberg Gadfly) -- Everyone who covers emerging markets has heard the mantra: Yes, there's a lot of debt but, unlike the late 1990s, sovereign balance sheets are fine. Corporations are the ones ...
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