MFS: Global fixed income performance is weak this year, with emerging markets' local currency debt leading.

(1) Benoit Anne of MFS Investment Management stated in a report that, in terms of returns, global fixed income has performed relatively weakly this year, with US Treasury bonds being the worst performer since the start of the year and overall performance being lackluster. (2) He pointed out that for duration, this is a challenging environment, with overall returns quite subdued. (3) Emerging market fixed income has taken the lead as the top asset class: emerging market local currency debt has delivered a return of 4.05% year-to-date, ranking first; followed by emerging market hard currency debt, with a return of 2.58%; global high-yield bonds have returned 1.94%.