Debt Boom That Put JPMorgan on Top After Decade Gathers Pace

Updated on
  • Emerging-market rush prompts 4 revisions to JPMorgan forecasts
  • Oil crisis sends Gulf nations to bond market as deficits swell

Propelled to the top of emerging-market bond league tables for the first time in a decade by a Middle Eastern borrowing binge, JPMorgan Chase & Co. now sees Europe’s deepening political crisis stoking record issuance into next year.

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