Emerging Market Currency Bond ETFs: Safe Haven/Risky Bet?
Zacks Equity Research - Zacks Investment Research - Thu Sep 10, 11:30AM CDT
Emerging market currency bond ETFs saw a bloodbath recently as the China-induced rout and currency weakness tarnished their safe-haven status with higher yields.
EMLC: 17.61 (-0.02), PFEM: 16.95 (-0.33), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), EBND: 25.08 (-0.09), LEMB: 40.53 (-0.15), CEW: 16.95 (-0.10)
Pricing In A China Hard Landing Is Just Whistling In The Dark
Pauline Loong - at Seeking Alpha - Sun Jun 07, 3:53AM CDT
FXCH: 78.17 (unch), EMAG: 20.75 (unch), CNY: 41.44 (-0.68), EWH: 20.14 (-0.32), CAF: 24.84 (-0.71), KBA: 45.17 (-1.91), GHI: 8.78 (+0.03), BNDX: 52.94 (+0.10), CHXF: 55.14 (+1.64), AUNZ: 16.47 (-0.01), ISHG: 77.15 (-0.25), FXP: 40.43 (+1.53), EWHS: 23.46 (-0.19), PGJ: 30.02 (-1.34), BWZ: 29.58 (-0.05), YAO: 25.93 (-0.52), BWX: 51.17 (+0.02), FCHI: 47.91 (+0.62), FAX: 4.49 (unch), ASHR: 36.18 (-1.24), CHAU: 22.56 (-1.63), CBON: 24.27 (-0.06), ASHS: 44.61 (-1.93), FXI: 37.13 (-0.76), GXC: 74.78 (-1.53), EMLC: 17.61 (-0.02), XPP: 51.59 (-2.03), DSUM: 23.54 (-0.13), KWEB: 36.02 (-1.36), GIM: 6.34 (-0.03), ECNS: 43.86 (-1.54), TAO: 20.12 (-0.28), VWOB: 75.63 (-0.02), QQQC: 22.05 (-0.35), EU: 20.54 (-0.08), HAO: 25.11 (-0.15), MCHI: 46.20 (-0.79), MSD: 8.61 (+0.01), YANG: 94.15 (+5.29), ELD: 35.19 (-0.15), WIW: 10.35 (-0.02), EDI: 12.21 (-0.11), BUNT: 49.80 (unch), EDF: 12.56 (-0.23), IGOV: 88.78 (+0.03), FHK: 34.16 (-0.57), EDD: 7.30 (unch), YXI: 28.59 (+0.78), JGBB: 48.55 (+0.47), TCHI: 28.30 (-0.15), BUNL: 27.46 (+0.08), JGBD: 14.31 (-0.19), JGBL: 21.69 (-0.30), JFC: 15.95 (-0.09), PEK: 45.88 (-1.60), CNXT: 41.11 (-1.72), CQQQ: 34.89 (-0.76), JGBT: 26.56 (+0.01), JGBS: 17.65 (-0.08), YINN: 19.75 (-1.24), EMSH: 77.04 (+0.04), ITIP: 39.48 (-0.14), WIP: 51.81 (-0.03), GTIP: 46.65 (+0.02), TEI: 10.05 (+0.10), FCA: 21.59 (+0.28), CHN: 17.07 (-0.20), ALD: 42.96 (+0.13), EMB: 107.88 (-0.16), EMD: 9.89 (-0.05), WIA: 10.53 (-0.01), PFEM: 16.95 (-0.33), CHNB: 36.75 (-0.48), CHNA: 37.37 (-1.49), FEMB: 41.33 (+0.71), GGOV: 35.09 (-0.13), CHIX: 14.43 (-0.36), KFYP: 60.79 (-2.89), ILB: 40.78 (-0.32), LEMB: 40.53 (-0.15), CHIM: 12.71 (-0.27), PCY: 27.77 (-0.15), AFTY: 16.70 (-0.07), CHIQ: 12.98 (-0.41), GCH: 8.90 (-0.10), CHIE: 10.70 (-0.39), CYB: 24.96 (-0.02), TDF: 19.81 (-0.08), SBW: 10.08 (-0.03), CHII: 13.81 (-0.17), CN: 36.59 (+0.25), EBND: 25.08 (-0.09)
Sometimes A Cigar Is Just A Cigar
Ben Hunt - Seeking Alpha - Wed May 27, 11:00AM CDT
There’s only one question that matters today in markets: why is the government bond market going up and down like a yo-yo? How is it possible that the deepest and most important securities in the world are currently displaying all the...
TLH: 134.14 (+0.47), TBX: 29.62 (-0.13), DFVS: 31.34 (+1.06), TBZ: 28.56 (-0.13), DFVL: 64.72 (unch), DLBL: 72.94 (-0.76), SINF: 47.80 (unch), TLO: 69.41 (+0.38), SPUU: 32.40 (-0.74), AUNZ: 16.47 (-0.01), TLT: 119.68 (+0.68), SPLX: 31.10 (-0.64), STIP: 98.89 (+0.01), TBT: 45.55 (-0.57), DLBS: 22.38 (-0.29), SPY: 202.54 (-2.30), TTT: 39.66 (-0.77), SYTL: 45.31 (-0.36), FAX: 4.49 (unch), CBON: 24.27 (-0.06), DTYL: 75.37 (+0.29), RWL: 39.07 (-0.39), IEI: 123.06 (+0.30), IEF: 105.80 (+0.40), EDV: 114.00 (+0.90), GNMA: 50.01 (+0.06), BKT: 6.33 (+0.02), EU: 20.54 (-0.08), DTYS: 20.40 (-0.40), IVV: 203.67 (-2.30), TYNS: 29.48 (+0.09), TMV: 29.53 (-0.51), LTPZ: 60.73 (+0.16), TBF: 25.14 (-0.16), EDI: 12.21 (-0.11), TUZ: 50.89 (+0.05), EDF: 12.56 (-0.23), SHY: 84.66 (+0.07), IGOV: 88.78 (+0.03), EDD: 7.30 (unch), JGBB: 48.55 (+0.47), JGBD: 14.31 (-0.19), TMF: 72.85 (+1.26), SHV: 110.22 (-0.01), JGBL: 21.69 (-0.30), SIPE: 19.27 (-0.06), JGBT: 26.56 (+0.01), JGBS: 17.65 (-0.08), USFR: 24.79 (-0.11), EMSH: 77.04 (+0.04), TIPX: 19.01 (-0.01), TDTF: 24.42 (+0.03), ITIP: 39.48 (-0.14), TIPZ: 55.47 (+0.08), UPRO: 61.18 (-2.14), GTIP: 46.65 (+0.02), TEI: 10.05 (+0.10), EMB: 107.88 (-0.16), ALD: 42.96 (+0.13), TDTT: 24.28 (+0.01), EGF: 13.36 (+0.03), EMD: 9.89 (-0.05), PFEM: 16.95 (-0.33), FTT: 13.61 (-0.02), SFLA: 173.30 (unch), IPE: 54.79 (+0.08), UST: 56.11 (+0.35), TENZ: 86.13 (+0.31), SSO: 61.91 (-1.44), LEMB: 40.53 (-0.15), LBND: 47.12 (unch), STPP: 36.20 (+0.07), VMBS: 52.98 (+0.07), STPZ: 51.35 (+0.03), SBW: 10.08 (-0.03), SST: 30.14 (+0.02), EBND: 25.08 (-0.09), EMAG: 20.75 (unch), MBG: 26.84 (+0.01), GHI: 8.78 (+0.03), BNDX: 52.94 (+0.10), UBT: 72.36 (+0.59), ISHG: 77.15 (-0.25), RINF: 29.00 (unch), ZROZ: 108.85 (+0.96), SPXU: 33.59 (+1.08), FINF: 42.47 (-0.64), ITE: 59.99 (+0.10), TYO: 17.00 (-0.07), SCHO: 50.58 (+0.03), MBB: 108.72 (+0.17), SCHP: 53.29 (+0.05), SCHR: 53.69 (+0.11), GSY: 49.94 (-0.01), BWZ: 29.58 (-0.05), SPXL: 80.84 (-2.83), UINF: 27.79 (+0.01), TPS: 28.02 (-0.02), TYBS: 23.26 (unch), BWX: 51.17 (+0.02), EMLC: 17.61 (-0.02), TIP: 109.82 (+0.15), TYD: 44.83 (unch), DSUM: 23.54 (-0.13), RSP: 76.34 (-0.83), PST: 23.51 (-0.12), DTUS: 32.20 (+0.29), GIM: 6.34 (-0.03), VWOB: 75.63 (-0.02), TFLO: 50.06 (unch), MSD: 8.61 (+0.01), DTUL: 63.83 (+0.07), VTIP: 48.24 (unch), SBND: 5.00 (-0.09), ELD: 35.19 (-0.15), WIW: 10.35 (-0.02), SDS: 20.67 (+0.46), BUNT: 49.80 (unch), VGLT: 74.36 (+0.53), BUNL: 27.46 (+0.08), FLAT: 58.73 (-0.65), AGZ: 113.35 (+0.30), WIP: 51.81 (-0.03), EPS: 69.20 (-1.22), FIVZ: 80.45 (-0.01), VGIT: 64.59 (+0.18), WIA: 10.53 (-0.01), SH: 21.22 (+0.23), CHNB: 36.75 (-0.48), FEMB: 41.33 (+0.71), GGOV: 35.09 (-0.13), ILB: 40.78 (-0.32), VOO: 185.67 (-2.17), PCY: 27.77 (-0.15), TAPR: 34.41 (-0.44), BIL: 45.68 (-0.01), VGSH: 60.97 (+0.06), PLW: 32.10 (+0.02), GOVT: 25.09 (+0.06)
International Bonds Belong In Every Investors Portfolio
Ben Strubel - at Seeking Alpha - Tue May 26, 3:32PM CDT
EMLC: 17.61 (-0.02), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), IGOV: 88.78 (+0.03), BNDX: 52.94 (+0.10), EMB: 107.88 (-0.16), BWX: 51.17 (+0.02), WIP: 51.81 (-0.03), LEMB: 40.53 (-0.15)
Looking For The Ideal Mix With Emerging-Market Local-Currency Bonds?
AllianceBernstein - at Seeking Alpha - Mon May 18, 7:54PM CDT
By Marco Santamaria, CFA For investors who want an emerging-market (NYSE: EM ) debt allocation that includes EM local-currency government bonds, it may make sense to use developed-market (DM) government bonds to diversify EM currency...
EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), GIM: 6.34 (-0.03), GHI: 8.78 (+0.03), VWOB: 75.63 (-0.02), BNDX: 52.94 (+0.10), FEMB: 41.33 (+0.71), EMSH: 77.04 (+0.04), MSD: 8.61 (+0.01), LEMB: 40.53 (-0.15), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), EDI: 12.21 (-0.11), TEI: 10.05 (+0.10), EDF: 12.56 (-0.23), IGOV: 88.78 (+0.03), SBW: 10.08 (-0.03), EMB: 107.88 (-0.16), EDD: 7.30 (unch), EMD: 9.89 (-0.05), BWX: 51.17 (+0.02), EBND: 25.08 (-0.09)
Which Are Better: Active Or Passive Managed Bond ETFs?
John Dowdee - at Seeking Alpha - Thu May 14, 6:44PM CDT
HYG: 83.00 (-0.24), ELD: 35.19 (-0.15), BOND: 105.42 (+0.45), AGG: 108.55 (+0.21), SHY: 84.66 (+0.07), EMB: 107.88 (-0.16), HYLD: 35.89 (-0.05), MINT: 100.82 (+0.02)
Developing economies are suffering their biggest capital outflows since the financial crisis
Seeking Alpha - at Seeking Alpha - Mon Apr 06, 4:29AM CDT
PFEM: 16.95 (-0.33), EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), PXR: 29.12 (-0.54), PGD: 48.60 (+0.09), VWOB: 75.63 (-0.02), EMRE: 21.32 (-0.33), FEMB: 41.33 (+0.71), EMSH: 77.04 (+0.04), CEW: 16.95 (-0.10), LEMB: 40.53 (-0.15), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), ECON: 22.72 (-0.54), EMIF: 28.64 (-0.28), JEM: 29.83 (-0.14), EMB: 107.88 (-0.16), AYT: 40.39 (unch), EMCG: 20.50 (-0.18), EBND: 25.08 (-0.09)
Why Are Interest Rates So Low, Part 3: The Global Savings Glut
Ben S. Bernanke - Seeking Alpha - Thu Apr 02, 1:12PM CDT
Editor's note: Originally published on the Brookings Institution site on April 1, 2015 My previous post discussed Larry Summers’ secular stagnation hypothesis , the notion that monetary policy will be chronically unable to push interest...
PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), IGOV: 88.78 (+0.03), BNDX: 52.94 (+0.10), EMB: 107.88 (-0.16), BWX: 51.17 (+0.02)
The One ETF To Avoid In 2015
Matthew Sauer, Esq. - at Seeking Alpha - Sat Mar 28, 9:14AM CDT
EMLC: 17.61 (-0.02), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), CEMB: 47.55 (-0.27), EMCD: 27.44 (-0.16), EMB: 107.88 (-0.16), UUP: 25.76 (+0.09), LEMB: 40.53 (-0.15), CEW: 16.95 (-0.10)
Guide To Local Currency Emerging Market Bond ETFs
Zacks Funds - Seeking Alpha - Wed Mar 04, 8:54AM CST
Amid low interest rates and lower returns from U.S. fixed income instruments such as Treasury bonds and corporate bonds, investors are in search of yields. One place where they can quench their thirst is the attractive emerging market local currency...
EMLC: 17.61 (-0.02), ELD: 35.19 (-0.15), EBND: 25.08 (-0.09), LEMB: 40.53 (-0.15)
Guide to Local Currency Emerging Market Bond ETFs - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Tue Mar 03, 9:00AM CST
Investors should look to local currency denominated emerging bond ETFs for higher long-term returns and outsized yields. Here is the guide to start.
EMLC: 17.61 (-0.02), ELD: 35.19 (-0.15), EBND: 25.08 (-0.09), LEMB: 40.53 (-0.15)
Invesco: Pick your spots in high-yield
Seeking Alpha - at Seeking Alpha - Mon Feb 09, 2:49PM CST
EMAG: 20.75 (unch), HYEM: 22.93 (-0.07), PGHY: 23.16 (-0.42), ANGL: 25.61 (-0.06), HYLD: 35.89 (-0.05), UJB: 52.84 (unch), EMSH: 77.04 (+0.04), IHY: 23.41 (-0.11), JNK: 35.42 (-0.08), HYXU: 45.64 (-0.23), SJB: 28.26 (+0.08), XOVR: 26.15 (-0.02), QLTC: 44.44 (-0.15), EMB: 107.88 (-0.16), HYLS: 48.05 (-0.20), EMLC: 17.61 (-0.02), HYG: 83.00 (-0.24), EMHY: 46.47 (+0.10), PHB: 17.89 (-0.07), VWOB: 75.63 (-0.02), IJNK: 21.92 (+0.07), FEMB: 41.33 (+0.71), LEMB: 40.53 (-0.15), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), EBND: 25.08 (-0.09)
Are Investors Underestimating The Risks In Emerging Market Bonds?
Lipper Insight at Thomson Reuters - Seeking Alpha - Mon Feb 09, 8:09AM CST
By Detlef Glow During their chase for yield, a number of investors have added emerging-market bonds to their portfolios, since these bonds seemed to be fairly valued and offered a yield suiting the needs of the investors. But, as always in a long...
EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), VWOB: 75.63 (-0.02), FEMB: 41.33 (+0.71), EMB: 107.88 (-0.16), EMSH: 77.04 (+0.04), EBND: 25.08 (-0.09), LEMB: 40.53 (-0.15)
Weakening Currencies Put Developing Countries' Debt At Risk
Global Risk Insights - Seeking Alpha - Fri Jan 30, 4:25PM CST
Debts issued in foreign currencies, some of which are not counted in official statistics, are a rising risk to developing economies as the U.K. and U.S. get closer to raising rates. With the Swiss National Bank abandoning the Swiss franc's peg to...
EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), VWOB: 75.63 (-0.02), FEMB: 41.33 (+0.71), EMB: 107.88 (-0.16), EMSH: 77.04 (+0.04), EBND: 25.08 (-0.09), LEMB: 40.53 (-0.15)
What Does Russia's Junk Rating Mean?
Mohamed El-Erian - Seeking Alpha - Wed Jan 28, 8:47AM CST
This post originally appeared on Bloomberg View Standard & Poor's announced Monday that it downgraded Russia's sovereign debt to junk status. Here is a Q&A on the significance of the move. QUESTION: What is the immediate impact of...
EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), ULE: 15.25 (-0.21), URR: 16.50 (-0.06), VWOB: 75.63 (-0.02), FEMB: 41.33 (+0.71), EUO: 26.22 (+0.28), EMSH: 77.04 (+0.04), LEMB: 40.53 (-0.15), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), FXE: 105.34 (-0.54), EMB: 107.88 (-0.16), ERO: 40.59 (+0.13), EUFX: 44.37 (+0.17), DRR: 61.27 (+0.47), EBND: 25.08 (-0.09)
Are Foreign Bonds Worth The Risk?
Cullen Roche - Seeking Alpha - Fri Dec 19, 11:14PM CST
Excellent piece here by Michael Batnick on foreign bonds. Michael and I both agreed that John Bogle was wrong to say that an investor should shun foreign stocks, but what about foreign bonds? There's a lot to like about foreign bonds. Russell...
EMLC: 17.61 (-0.02), EMAG: 20.75 (unch), VWOB: 75.63 (-0.02), BNDX: 52.94 (+0.10), FEMB: 41.33 (+0.71), EMSH: 77.04 (+0.04), LEMB: 40.53 (-0.15), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), TAPR: 34.41 (-0.44), IGOV: 88.78 (+0.03), EMB: 107.88 (-0.16), BWX: 51.17 (+0.02), EBND: 25.08 (-0.09), PLW: 32.10 (+0.02), GOVT: 25.09 (+0.06)
Will A Venezuelan Default Impact Your ETF?
Matthew Sauer, Esq. - at Seeking Alpha - Fri Dec 12, 1:44PM CST
GYLD: 19.19 (-0.04), EMHY: 46.47 (+0.10), ELD: 35.19 (-0.15), EMCB: 67.80 (+0.11), VWOB: 75.63 (-0.02), HYEM: 22.93 (-0.07), EMCD: 27.44 (-0.16), EMB: 107.88 (-0.16), FEMB: 41.33 (+0.71), LEMB: 40.53 (-0.15)
Pick And Mix: Fresh Ideas For Diversifying Bond Exposure
AllianceBernstein - at Seeking Alpha - Thu Nov 27, 4:05AM CST
By John Taylor Policy backdrops and growth trajectories around the world are showing increasing signs of divergence. Yet many bond investors continue to congregate in a few selected pockets of the fixed income universe. In our view, it's a perfect...
CMBS: 51.06 (+0.03), EMAG: 20.75 (unch), FPE: 19.08 (unch), LDUR: 101.52 (+0.12), CEMB: 47.55 (-0.27), HYEM: 22.93 (-0.07), BNDX: 52.94 (+0.10), PGHY: 23.16 (-0.42), EMSH: 77.04 (+0.04), IHY: 23.41 (-0.11), HYXU: 45.64 (-0.23), SUBD: 24.69 (-0.20), EMCB: 67.80 (+0.11), GHYG: 46.61 (-0.15), EMCD: 27.44 (-0.16), EMB: 107.88 (-0.16), DI: 47.71 (+0.04), PICB: 25.30 (-0.12), BWX: 51.17 (+0.02), EMLC: 17.61 (-0.02), IBND: 30.65 (-0.13), EMHY: 46.47 (+0.10), FWDB: 24.60 (-0.15), CRDT: 72.50 (+0.14), VWOB: 75.63 (-0.02), IJNK: 21.92 (+0.07), FEMB: 41.33 (+0.71), MBSD: 24.80 (+0.04), PGX: 14.79 (-0.07), IPFF: 17.10 (-0.14), LEMB: 40.53 (-0.15), SPFF: 13.31 (+0.01), PCY: 27.77 (-0.15), ELD: 35.19 (-0.15), PFXF: 19.42 (-0.02), PFF: 39.10 (unch), IGOV: 88.78 (+0.03), PSK: 44.85 (-0.03), EBND: 25.08 (-0.09)