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Politics : Idea Of The Day

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To: steve susko who wrote (16964)2/13/1998 10:18:00 AM
From: Al Serrao   of 50167
 
steve, with the devaluations and currency problems we've seen in the Asian emerging markets , do you or anyone else know of a quality international bond fund that has had a serious haircut? When Mexico devalued several years ago, it was a great time to buy emerging market debt. Some yields were over 20% and some folks made a lot of money while they enjoyed juicy yields when they eventually recovered.Many issues were backed up by the US or so called Brady bonds. Any input would be welcomed. Regards.
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