27-06-2025
JPMorgan Sees Frontier Markets Rallying Further as Risks Recede
Frontier-market bonds should deliver robust returns over the coming quarter, benefiting from receding geopolitical risks, dollar weakness and elevated gold prices, according to strategists at JPMorgan Chase & Co.
'Frontier local markets did not sell off much during the period of heightened geopolitical risks in June, and we expect that a summer of relative calm will further see them outperform, given very high carry still on offer,' strategists including Ayomide O Mejabi wrote in a note.