ELD: Current Income And Lower Dollar Beneficiary
The WisdomTree Emerging Markets Local Debt Fund ETF has slipped in early 2026, impacted by broad-based fixed income weakness amid energy price volatility. ELD is heavily invested in energy-importing emerging markets, with weakness in these countries' currencies also weighing on ELD performance. The Fed is likely to remain on hold over the next year, with subsequent rate cuts potentially providing a tailwind for ELD.
There's Still Life in This Hot Bond Trade
Investors have been rewarded by international equities and the related ETFs. However, stocks aren't the only game in town when it comes to ex-U.S. investing.
Eldorado Gold to acquire Foran Mining in C$3.8B deal
Eldorado Gold Corp (TSX:ELD) announced it has reached an agreement to acquire Foran Mining Corporation (TSX-V:FOM, OTCQX:FMCXF) in a transaction valued at approximately C$3.8 billion, including debt. Under the terms of the agreement, Foran shareholders will receive 0.1128 Eldorado shares plus US$0.01 in cash for each Foran share, representing no premium relative to Foran's recent closing price.
Emerging Markets Debt Could Be Better Bond Bet
Fixed income investors continue focusing on U.S. interest rates and what the Federal Reserve's next move might be. While the emphasis on domestic bonds is valid, market participants should be careful to not ignore emerging markets bond opportunities.
