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Global investors continue to buy emerging market bonds despite sell-off

They are betting that the retreat will be short-lived as economic forecasts for developing nations improve

London

TUMBLING bond prices are doing little to dull the clamour for emerging market bonds among global investors.

Amundi Asset Management and Carmignac Gestion, together overseeing US$32 billion in funds with remits to invest anywhere in the world, have been adding developing