부산대학교 도서관

Emerging Asian bonds may not experience as much growth as global bonds due to the reluctance of central banks in the region to implement significant interest rate cuts. Inflation-adjusted yields in emerging Asian countries are currently the lowest compared to their historical performance, which may discourage central banks from easing rates even as the market anticipates a shift from the Federal Reserve. On the other hand, central banks in Latin America, such as Mexico and Brazil, have already begun the easing cycle. Overall, high-yielding markets like Brazil and Mexico are expected to benefit from the improved risk environment. [Extracted from the article]