Why consider short-term emerging market debt?

Emerging market (EM) countries have become more appealing to bond investors. They have shown lower debt levels than developed countries, along with contrasting approaches to monetary and fiscal policy. Additionally, while some G7 countries have been penalised for high debt and deficits, emerging markets now hold stronger average investment‑grade ratings. As a result, rating agencies have issued more upgrades than downgrades over the past two years. The interest in EM debt has increased due to growth prospects in these nations being higher than in developed countries. EM countries are playing...