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A specialist watches a monitor on the trading floor of the New York Stock Exchange.
A specialist watches a monitor on the trading floor of the New York Stock Exchange.
(Richard Drew/AP)

Investors are ignoring 4 warning signs about emerging markets debt

Low bond yields have made us all a bit crazy for yield, to the point where we’re willing to consider bonds from just about anywhere. But Richard Bernstein, the former Merrill Lynch strategist and now chief executive officer of Richard Bernstein Advisors, recommends checking that enthusiasm when it comes to emerging market debt.