How the Iran War Reshapes the Sovereign Debt Landscape | Sovereign Debt Expert Lupin Rahman – Monetary Matters with Jack Farley — Transcript

How the Iran War Reshapes the Sovereign Debt Landscape | Sovereign Debt Expert Lupin Rahman – Monetary Matters with Jack Farley — Transcript

Market views

Bullish

EMFX— Brazil offers attractive real rates with an anchored central bank that has room to cut rates, making it a sheltered play amid Middle East tensions.
ARGENTINA— Argentina still has reform momentum and is a major beneficiary of energy price shocks, with value remaining despite recent price appreciation.
LATAM— Latin American commodity exporters are sheltered from Middle East risks and offer value in the current environment.

Bearish

EGYPT— Egypt faces further currency weakening risk as an oil importer needing more reserves, with yields not adequately compensating for the uncertainty.
PAKISTAN— Pakistan faces significant risks as an energy importer with limited fiscal room and markets haven't fully priced in the potential duration of the Middle East crisis.

Not investment advice.