The Steady Descent Of Emerging Market Bonds

In sharp contrast to the likes of, say, small cap equities, one financial instrument which has been reliably sliding, week after week, month after month, continues to be the emerging markets bond fund. I have managed to lay out five successive horizontal lines indicating its diminishing levels of price resistance (typically based on a gap down).

A longer look reveals how this is far from over.

 

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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