Brazil, India and South Africa all have 5 year bond yields that are higher now than 5 years ago.

Russia is obvious outlier you can’t price well.

If there is any news this month in Chinese bonds it’s a) a crazy upward move that corrected and b) the Chinese authorities have upped the quota on foreign bonds that their asset managers are allowed to buy.

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bluGill 4 hours ago | parent [-]

High bond yields are a sign of low trust - if you trust a currency will be stable you need less yield to risk investing in it.

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kasey_junk 2 hours ago | parent [-]

Correct, so the BRICS angle I'm responding to is not what the market is showing.

	▲	brazukadev 28 minutes ago \| parent [-]
		it was a tongue-in-cheek comment, I think. China is doing well and will try to prop up its BRICS partners as long as it benefit China. It doesn't help that current US government is actively attacking those countries' economies.