Highlights

  • The Loomis Sayles emerging market debt team believes the EM US dollar corporate debt sector continues to present compelling prospects.
  • To help discern opportunity relative to risk, this paper presents five viewpoints on emerging market debt: degree of leverage, US dollar debt exposure, the default outlook, valuations, and EM debt allocation.
  • EM corporate credit brings a distinct set of characteristics to a portfolio Parsing through the fundamentals and accurately determining risks relative to potential gains is likely to remain critical over the near-term.

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