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Just in order to emphasize the light news-flow due to Thanksgiving we would want to put the spot-light on everyone´s focus market Mongolia.
JPM says to stay OW the ‘defensive frontier,’ which is on an even stronger footing than it was prior to the pandemic. Mongolia stands to benefit from the bullish set-up for EM sovereign credit while being insulated from near-term concerns over a second COVID-19 wave in the Northern hemisphere
Want yield? Go to Mongolia.....(this will deserve at least a honorary mention the day the book about the crazy low-yielding years of ZIRP is written)