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Posts Tagged ‘ sovereign default ’

Avoid Emerging Market Debt As Default Risk Increases

Jan 27th, 2009 | By Eric Roseman | Category: Emerging Markets

The risk of sovereign government default is rising, says Eric Roseman. Several EU outliers have already had their credit rating downgraded. And emerging markets look even more vulnerable, with many currencies under pressure. Eric says investors should steer clear of the high-yielding emerging market debt for the time being.