1 Subjects: “...Investments: Bonds...”

2 Subjects: “...Bond yields...”

3 Subjects: “...Investments: Bonds...”

4 Subjects: “...Bonds...”

5 “...This paper compares the impact of shocks to U.S. interest rates and emerging market bond spreads...”

6 “... by analyzing the evolution of sovereign bond spreads in emerging markets before and after the Russian crisis...”

7 “... the same as returns on a ten-year U.S. treasury bond. This reflects the combined effect of the 1980s debt...”