{"id":146069,"date":"2025-05-31T06:08:10","date_gmt":"2025-05-31T06:08:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/146069\/"},"modified":"2025-05-31T06:08:10","modified_gmt":"2025-05-31T06:08:10","slug":"morgan-stanley-sees-uncomfortable-rally-in-emerging-markets","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/146069\/","title":{"rendered":"Morgan Stanley Sees \u2018Uncomfortable\u2019 Rally In Emerging Markets"},"content":{"rendered":"<p>Local-currency bonds, which have been one of the asset class\u2019 best trades this year, are also seen gaining further amid lower US Treasury yields. The global backdrop might allow for central banks to cut rates if warranted \u201cwithout having to worry too much about currency weakness,\u201d they said. <\/p>\n<p>Some of Morgan Stanley\u2019s favorite trades include wagering that the Chilean peso will strengthen against the dollar, scooping up Hungary\u2019s local bonds due in 2030 and betting on lower Brazil yields.  <\/p>\n<p>\u201cBrazil remains our favorite market for receivers\u201d in Latin America, strategists wrote, adding that they see lower interest-rate swaps maturing in 2029 and like inflation-linked government bonds due in 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"Local-currency bonds, which have been one of the asset class\u2019 best trades this year, are also seen gaining&hellip;\n","protected":false},"author":2,"featured_media":146070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[3662,51,2441,7993,16,15],"class_list":{"0":"post-146069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bloomberg","9":"tag-business","10":"tag-markets","11":"tag-morgan-stanley","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114600955312344328","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/146069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=146069"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/146069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/146070"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=146069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=146069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=146069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}