微信扫一扫
实时资讯全掌握
|
Jill Upton, CFA, and Al Grey, CFA, are planning to add foreign bonds to the domestic portfolio, which they manage. They are discussing the advantage of adding bonds issued by sovereign emerging market governments. Compared to bonds issued by corporations, all of the following are advantages of sovereign emerging market government debt with EXCEPT: A. the bonds are free of default risk. B. the issuers tend to have reserves to absorb shocks. C. the issuers can react more decisively to negative economic events. |