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Pimco Sees China’s Export Glut Boosting Emerging-Market Bonds

Pimco Sees China’s Export Glut Boosting Emerging-Market Bonds
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Bonds Pimco Sees China’s Export Glut Boosting Emerging-Market Bonds China’s flood of cheap exports is bolstering the case for emerging-market bonds by helping to keep inflation under control across the developing world, according to Pacific Investment Management Co. As the US and Europe impose more barriers to Chinese goods, a growing share of exports is finding its way to emerging economies. Pimco expects this to continue, helping to contain inflation and giving developing markets more room...

Bonds Pimco Sees China’s Export Glut Boosting Emerging-Market Bonds China’s flood of cheap exports is bolstering the case for emerging-market bonds by helping to keep inflation under control across the developing world, according to Pacific Investment Management Co. As the US and Europe impose more barriers to Chinese goods, a growing share of exports is finding its way to emerging economies. Pimco expects this to continue, helping to contain inflation and giving developing markets more room to lower interest rates and support growth.
Pimco Sees (PERSON) China (LOCATION) Pacific Investment Management Co. (ORG) US (LOCATION) Europe (LOCATION) Chinese (ORG) Pimco (ORG)
Originally published by Bloomberg Markets Read original →