Hot demand for frontier debt is poised to start cooling off
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Zulma Perez walks with her granddaughter in a squatter settlement in Salta, Argentina. Rising debt loads and the increasing prospect of defaults in Argentina, Lebanon and Zambia are making investors more nervous. (AP File Photo/Javier Corbalan)
Posted11/10/2019 6:00 AM
Investors in frontier-market bonds are on course to get their best returns in seven years. It looks like it'll be a lot tougher in 2020.
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