Emerging Markets Better Armed for Renewed European Debt Turmoil
Emerging-market bonds and currencies were whipsawed by the Eurozone debt crisis 15 years ago, but they are now better equipped to withstand any repeat of that turmoil, analysts say.
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Emerging-market bonds and currencies were whipsawed by the Eurozone debt crisis 15 years ago, but they are now better equipped to withstand any repeat of that turmoil, analysts say.
Liberty Global Ltd. drew a crowd on Thursday at a Morgan Stanley leveraged-finance conference in London as investors peppered executives about the cratering debt of its telecommunications joint venture.
Bonds issued by Verizon Communications Inc. and AT&T Inc. weakened on Friday, following SpaceXโs announcement that it will buy US spectrum that will help the company become a โmajor mobile carrierโ in the US.