Global Financial Spillovers to Emerging Market Sovereign Bond Markets /
Foreign holdings of emerging markets (EMs) government bonds have increased substantially over the last decade. While foreign participation in local-currency sovereign bond markets provides an additional source of financing and reduces sovereign yields, it raises concerns about increased sensitivity...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2015.
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| Series: | IMF Working Papers; Working Paper ;
No. 2015/141 |
| Online Access: | Full text available on IMF |