Yield Stampede Sends Emerging Bond Flows to Fresh Record: Chart

Money flowed into emerging-market debt at the fastest pace on record during the week through July 20 as investors sought respite from almost $12 trillion of government debt paying out negative rates, bond-flow data from EPFR Global show. The average yield on developing-nation debt has fallen more than 1 percentage point since reaching this year’s high of 5.5 percent on Jan. 20, according to the Bloomberg USD Emerging Market Sovereign Bond Index.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE