Bips & Pieces

BlackRock: Credit Outlook, Local Currency Debt Upgraded on the Back of 'Unprecedented' Stimulus Efforts

Unprecedented policy support from the world’s governments and large central banks to fight the economic effects of the COVID-19 pandemic have sharply lowered valuations and have led to an improving outlook for credit, BlackRock analysts say. Emerging market local currency debt is one of the asset classes favoured by the fund manager.

Apr 8, 2020 // 2:30PM

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