Global Aggregate Bond Fund
Economic and Macro Issues, Global Fixed Income Markets and Strategies
Wednesday, September 2, 2015
China CDS premium rose over 2 year high... but still lower than other EMs' spreads
Market seems to be reacting with somewhat conviction of crisis from China...
But, below graph does not point that...
Orange line is China CDS 5Y Spread & White is JPM EMBIG Spread
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