fixed income securities

The New Allure
of Emerging-Market Debt

Yields on emerging-market debt funds and exchange-traded funds are certainly enticing these days, especially compared to U.S. Treasurys. Also attractive are the added benefits of portfolio diversification and currency appreciation. But the risks can't be overlooked.

Investors Racing to Safety in Treasurys Could Get Burned

Investors spooked by deflation and a possible double dip could be adding much more risk in buying Treasurys at current prices than they realize. Clear evidence of collapsing prices is scant. And some shrewd investors have been exiting Treasurys even as others stream in.