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Another good year for EM bonds
Weekly investor research
23 December 2019
All three segments of EM fixed income delivered strong returns in 2019, which proved to be a year of two halves with a happy ending. Martin Guzman was bearing gifts for bond holders in his first major policy speech since becoming Argentina’s new finance minister. The US Senate advanced an important sanctions bill against Russia. China prepares for final approval of the revamped Securities Law. In the global backdrop, representatives of the American people in the US House of Representatives impeached President Donald Trump for abuse of power and obstruction of Congress.