Brad here. After looking at emerging market stock markets yesterday, it is a good time to discuss the debt markets there. Although stock markets usually get most of the attention, Nick Follett, manager of our fixed income team at Commonwealth, makes a compelling case that debt markets deserve a look as well. I think you’ll find that this post gets a bit further into the details than we normally do, but the relative unfamiliarity of the topic makes it both necessary and worthwhile. Enjoy!