Pitfalls of Global Yield Hunt Exposed in Mongolia, Ukraine Routs

  • Bonds slide on Mongolia crisis warning, flare up in Crimea
  • Countries’ bonds among best performers in rush to high yields

Mongolia Calls for 'Crisis' Plan

Investors who piled into some of the world’s riskiest bonds to escape near-zero interest rates got a reality check this week as signs of an economic crisis in Mongolia and a flare up in the conflict in Ukraine sent their bonds tumbling.

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