(Bloomberg) -- Emerging-market bonds rose after
gains in U.S. and European stock markets suggested renewed
demand for riskier securities.
Concern about rising subprime mortgage losses last week
prompted investors to reduce their appetite for high risk
assets, including developing nation debt. The Standard & Poor's
500 Index and Dow Jones Industrial Average increased 0.5
percent today, while Europe's Dow Jones Stoxx 600 Index gained
0.3 percent today.
Read more at Bloomberg Emerging Markets News
gains in U.S. and European stock markets suggested renewed
demand for riskier securities.
Concern about rising subprime mortgage losses last week
prompted investors to reduce their appetite for high risk
assets, including developing nation debt. The Standard & Poor's
500 Index and Dow Jones Industrial Average increased 0.5
percent today, while Europe's Dow Jones Stoxx 600 Index gained
0.3 percent today.
Read more at Bloomberg Emerging Markets News
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