EM Credit Spreads
EM Credit Spreads: Macro Drivers and Shock Responses
In our theme piece “EM Credit Spreads: Macro Drivers and Shock Responses”
we consider a number of different variables across several risk environments to
answer the question of what drives Emerging Market Bond Index Diversified
spreads.
Having established a baseline model for the current period we look at
how spreads could react to growth, inflation and rate hike shocks.
EU Forecast
euf:ba18.d:34/nws-01