Alarms Sound on Headlong Rush Into Fringes of Emerging Junk

Updated on
  • SocGen, BofA, Hermes predict harder times for riskier bonds
  • Sub-investment grade defaults reach highest in six years

Investors scooping up the riskiest emerging-nation corporate bonds in an indiscriminate rush for yield are facing a growing clamor of warnings.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.