Bond Funds Cheer Emerging Markets Moving Fast to Choke Inflation
- TS Lombard favors Brazil, praises Russia after rate hikes
- Pictet sees risk of un-anchored inflation in Hungary, Poland
Photographer: Gustavo Minas/Getty Images
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Global bond investors are on the prowl for emerging markets that are ahead of the game on inflation.
TS Lombard recommends funds buy local debt from Brazil, where a third interest-rate hike is expected when officials meet Wednesday. PineBridge Investments praised inflation tough talk from Bank of Russia Governor Elvira Nabiullina and predicted gains for the nation’s longer-maturity bonds.