|
By Brett DIMENT, Head of Global Emerging Market Debt at Aberdeen Standard Investments
Covid-19 has rapidly become an economic shock for the global economy. Initially rocking China, global economic expectations changed dramatically in early March, and have continued to evolve just about daily since. Against this backdrop of broadening concerns on the spread of the virus, bond markets have been at the epicentre of the recent volatility.
The rapid response of China is starting to pay some dividends for the Chinese economy. They have seen their workers return, interaction is becoming more prevalent and there are encouraging signs that the Chinese economy is recovering. Unfortunately, the same can’t be said for other countries across Asia, as the region...
|