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Anything goes in whacky world of emerging market debt

Anything goes in whacky world of emerging market debt Reuters 17/12/2020 By Tom Arnold and Marc Jones © Reuters/KIM KYUNG-HOON FILE PHOTO: Pedestrians wearing facial masks are reflected on an electric board showing stock prices outside a brokerage at a business district in Tokyo By Tom Arnold and Marc Jones LONDON (Reuters) - The coronavirus vaccine euphoria sweeping world markets is fuelling a mad dash into developing world debt that is shattering all previous boundaries and records, and shows no sign of slowing. Vaccine breakthroughs, the U.S. election result and the $15 trillion pile of mostly developed world negative-yielding debt means that almost anything with an interest rate still visible to the naked eye is being hoovered up.

Graphic: Anything goes in whacky world of emerging market debt

Graphic: Anything goes in whacky world of emerging market debt
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