Global Business & Emerging Markets

Mismatch between supply and demand boosts bond returns.

Mismatch between supply and demand boosts bond returns.

Despite last year's poor returns, buyers are pouring into emerging-market debt this spring.

Despite last year's poor returns, buyers are pouring into emerging-market debt this spring.

To fight deflation, European Central Bank became first major central bank to charge, rather than pay, banks for parking cash with it.

To fight deflation, European Central Bank became first major central bank to charge, rather than pay, banks for parking cash with it.