

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC - Get Free Report) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 46,212 shares, a growth of 54.9% from the January 29th total of 29,829 shares. Based on an average trading volume of 37,546



Due to cooling inflation and the likelihood of a dovish Fed in the near term, the greenback has slipped to a one-year low level. The currency may decline more ahead.

Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Bank. After largely synchronized rate-hiking cycles across EM, monetary policies could once again begin to diverge among individual countries.

The latest sanctions on Russia's central bank are leaving custodians with tough questions.

Performance of emerging markets local currency bonds has been negatively impacted by the U.S. dollar's strength since mid-year, despite the higher real yields and upside growth surprises in many emerging markets. Currency returns can be volatile, and external factors can have a bigger short-term impact on an emerging markets currency (EMFX) even if relatively attractive fundamentals may provide longer-term support.

EMHC brings the issuer's total offering of emerging market debt products to three funds.
SEC filings for EMHC aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.