Emerging market bond funds suffered disproportionately in past month
Share:
(Reuters) - Emerging market bond funds are performing poorly compared with their global peers as investors rush into the safety of cash and money markets to shield themselves from a further market erosion due to the cornavirus pandemic.Refinitiv data showed emerging market bond funds have lost 16.7% of their market value on average over the past month, while the European and U.S. bond funds shed about 9% each.(GRAPHIC: Global bond funds' returns -..