Navigating Rates

EMD Monthly Market Musings - It takes two (actually, three) to tango in the Gulf

01/04/2026

The Middle East conflict has sparked a broad market selloff, hitting local currency bonds and FX hardest. As markets price in the effect of a prolonged disruption to the Strait of Hormuz, inflation fears and concerns about global growth are in focus. But emerging markets are in a stronger position to weather these challenges than during previous crises.

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April 2026

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