EM Bonds Extend Inflow Streak

EM bond funds absorbed $807m in the 7 days to April 7, extending their inflow streak to 22 straight weeks, says EPFR Global. Lipper data meanwhile show positive performance for EM debt funds on the week ended April 8, with a gain of 0.22% in the week and 5.12% year-to-date. Meanwhile, global income funds dropped 0.04% in the week, but are up 2.11% ytd. International income funds, which lost 0.41% in the week, are up 0.12% ytd.