Strong Investor Demand Boosts Overseas Bond Markets
- Date: 01-Feb-2023
- Source: The Wall Street Journal
- Sector:Financial Markets
- Country:Saudi Arabia
Strong Investor Demand Boosts Overseas Bond Markets
Fed funds futures show investors see about a 2% chance that the Federal Reserve does what it said it would do at its last meeting. That could have some serious consequences for investors and for the U.S. economy. WSJ’s Dion Rabouin explains. Illustration: Rami AbukalamSome parts of the global bond market roared back to life in January, with sales of new debt securities off to a record start in Europe and across emerging markets.
Emerging-market governments such as Mexico, Saudi Arabia and Mongolia issued $61 billion of international bonds in January, smashing the previous high for the month of January of $41 billion, according to data from Refinitiv going back to 1970.
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