Investment insights from Capital Group
Notable emerging markets spreads, yields and currencies
Data as at 30 September 2024. Sources: Bloomberg, JP Morgan
1. Figures reflect spread to worst on the IG component of the JP Morgan Emerging Markets Bond Index (EMBI) Global Diversified index.
2. Figures reflect spread to worst on the HY component of the EMBI Global Diversified index.
3. Figures reflect the EMBI Global Diversified Index.
4. Figures reflect yield to maturity on the JP Morgan Government Bond Index - Emerging Markets (GBI-EM) Global
5. Figures reflect the GBI-EM Global Diversified index.
6. EMFX reflects the JP Morgan ELMI+ Index. The index is a proxy for EM currency performance in US dollar terms.
Inflation-adjusted yields remain mostly positive across regions
*Turkey was –23.2%
As at 30 September 2024. The EM real yields shown are the differences between the yields for the respective countries in the JP Morgan Government Bond Index — Emerging Markets (GBI-EM) Global Diversified index less core inflation in the country. The US real yield shown is the five-year US Treasury yield less core inflation. Sources: Bloomberg, JP Morgan
Long-Term Investing
Emerging Markets
Global Equities
Emerging Markets
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