(Reuters) - Emerging markets survived practically unscathed by the last
bout of subprime volatility last week, which led yield spreads
between emerging debt and U.S. Treasury notes to widen by 12
basis points in a single day, to 174 basis points.
Emerging debt spreads, considered to be an important gauge
of risk aversion, closed at 169 basis points on Friday, 8 basis
points wider for the week, but the overall market still posted
slightly positive returns of 0.3 percent in the period,
according to the benchmark EMBI+ index .
Read more at Reuters.com Bonds News
bout of subprime volatility last week, which led yield spreads
between emerging debt and U.S. Treasury notes to widen by 12
basis points in a single day, to 174 basis points.
Emerging debt spreads, considered to be an important gauge
of risk aversion, closed at 169 basis points on Friday, 8 basis
points wider for the week, but the overall market still posted
slightly positive returns of 0.3 percent in the period,
according to the benchmark EMBI+ index .
Read more at Reuters.com Bonds News
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