Report: May 2019 Midlincoln Fixed Income Strategy Expecting Lower Eurobond Prices
US Treasuries – lower prices ahead?
GEM Yields – Contraction has likely stopped
Turkey Eurobonds just slightly calmer but local yields are again above 20%
Digicel, Koc, Nostrum, Russia VTB 49 among the best performing Eurobonds this month
Russian local bonds are way below levels of previous carry trade
Kazakhstan Yields are Distorted By Nostrum
Ukraine Bonds are a notch worse after election
Deteriorating Lebanon Yields are slightly calmer?
Italian Bonds Are Slightly Better for now
Brazil Bonds are a lot better with political change
More of investment managers chasing local emerging markets yields
DXY is supportive of carry trades
and all data is available excel