Kettlewell: EM Bonds Hit Peak Pessimism

What is the expected interest rate level the Federal Reserve might reach by summer?

• 1%

• 1.5%

• 2%

• 0.5%

What geopolitical risk is mentioned as not fully priced into the market?

• Brexit

• China-US trade tensions

• Russia-Ukraine conflict

• Middle East tensions

Why might investors prefer long-term bonds over short-term ones?

• Higher interest rates

• Lower risk of default

• Higher yield and potential benefits if growth stalls

• Better liquidity

What has been a significant frustration in the China fixed income market?

• Lack of government intervention

• Currency devaluation

• High inflation rates

• Trade restrictions

What is the current sentiment towards emerging market debt?

• High risk

• Stable

• Peak pessimism

• Overvalued