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Frontier Debt Shines as Unlikely Haven in World of Rising Rates

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Frontier Debt Shines as Unlikely Haven in World of Rising Rates

“There are fairly some dangers, such because the worsening of the pandemic or an excessive amount of stimulus, however we persist with the rosier state of affairs for frontier markets,” stated Edgardo Sternberg, co-manager for emerging-markets debt portfolios in Boston at Loomis Sayles & Co., which oversees $3.5 billion of developing-nation bonds. “Frontier markets ought to proceed to outperform,” he stated.

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