Global Investing

Buy more yen… to increase reserve returns

February 3, 2012

Japan has not been a sexy destination for investment. In an environment of rising sovereign risk, Japan’s huge debt burden (+200% and rising) and lack of triple-A rating (Japan is rated AA-, Aa3 and AA by the main rating agencies) are not something that would attract the world’s investors, including the powerful central bank reserve managers.

Emerging bonds: crawling out of the woodwork

May 12, 2010

Now that markets appear to have decided that a $1 trillion stabilisation package from the European Union is enough to soothe global nerves and ward off a sovereign debt crisis, emerging market sovereigns and corporates may start to issue bonds again.

from MacroScope:

South Africa sovereign risk

May 27, 2009

MacroScope is pleased to post the following from guest blogger Peter Attard Montalto. Peter is emerging market economist at Nomura International and here outlines why he is cautiously constructive on the issue of sovereign risk in South Africa.