Hot demand for frontier debt is poised to start cooling off

  • 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.

    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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