The best is yet to be, in 2015's best corporate bond rally

London

THE biggest corporate bond rally in emerging markets this year isn't finished yet.

Russian company debt has returned 7.8 per cent in 2015, the most among 45 markets monitored by Bloomberg indexes, except for Mongolia with a lone security. Yields could fall as much as 100 basis points from here as long as the political situation in the country doesn't deteriorate further, according to Robert Simpson at Insight Investment Management.