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Is Sri Lanka’s economic crisis a canary in the coal mine?
Behind the Money
Emerging Market Bond Yields Have Blown Up
This year has been off the scale in terms of the way that the yields on emergint market ponds have ballooned. What that means is investors, when they're not only at the point of lending to an emerging economy, want to get a certain return on their investment. And if you look at what's happened to some of them, the bonds of the most vulnerable countries, just in the past few months, i mean, this year, the yield on ukrane's bonds has gone up by 35 percentage points since the beginning o year.
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