(Reuters) - "Emerging markets managed to hold their ground last week
despite ongoing flight-to-quality in US markets," wrote
Toronto-based RBC.
"However, if there are ongoing revelations of forced
liquidations, CDO rating downgrades and hedge fund closures, we
expect the US corporate market's woes to have an increasing
impact on emerging markets." it added.
Read more at Reuters.com Bonds News
despite ongoing flight-to-quality in US markets," wrote
Toronto-based RBC.
"However, if there are ongoing revelations of forced
liquidations, CDO rating downgrades and hedge fund closures, we
expect the US corporate market's woes to have an increasing
impact on emerging markets." it added.
Read more at Reuters.com Bonds News
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