Virtus Investment Partners reposted this
Weekly Comments on Credit August 23 — Global bond yields moved lower over the week as expectations of rate cuts by the U.S. Federal Reserve continued to be broadly supported by incoming economic data. Initial and continuing jobless claims were little changed and do not appear to suggest that labor market weakness is sufficient to translate into a marked increase in the pace of layoffs that would be a concern. #EmergingMarkets • PDF and Podcast: https://bit.ly/4cUb5eF • This week’s podcast presenter: Kumaran Damodaran, Ph.D., Portfolio Manager, Emerging Markets Debt, Global Sovereign, and Asset Allocation