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Strategies & Market Trends : Aardvark Adventures

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Jan 2 9:30 AM EST

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To: ~digs who started this subject	4/25/2004 5:54:57 PM
From: ~digs	Read Replies (1) of 7944

Emerging Debt to Focus on Brazil, Rates finance.myway.com With one eye on the U.S. interest-rate outlook, emerging market bonds are expected to take their cues from Brazil this week, as the government of Latin America's biggest country tries to ease poverty while maintaining fiscal discipline. Emerging market debt has lost 3.6 percent in total returns so far this month, wiping out the gains seen earlier in the year, as investors calculate the likely timing of a widely expected U.S. interest-rate hike.

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