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South African Bonds Generate Some of the Best Returns in Emerging Markets

(Bloomberg) After months of under-performance, South Africa’s local-currency bonds are generating some of the highest returns among emerging-market nations in a relief rally that’s set to continue into year-end.Most Read from BloombergIceland Girds for Volcanic Eruption That Could Wipe Out TownChina Weighs Ending Freeze on Boeing With 737 Max Deal in USBiden Has Wiped Away $127 Billion in Student Loan DebtXi Jinping’s ‘Old Friends’ From Iowa Get a Dinner InvitationAn Opioid-Like Drink Is Masq

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