Pimco Says Rally Sweeping Emerging Markets to Last ‘for Years’

For one of the world’s largest bond managers, the rally that swept through emerging markets last year was a prelude to a longer-lasting trend.

By Vinicius Andrade, Giovanna Bellotti Azevedo · Bloomberg Markets

For one of the world’s largest bond managers, the rally that swept through emerging markets last year was a prelude to a longer-lasting trend.