Inflows into emerging-market bond mutual funds hits 10 consecutive weeks, the longest stretch since 2017

The collapse of bond yields in Europe and the U.S. is driving investors back into battered emerging markets, fueling gains despite a series of high-profile defaults and concerns about the pandemics blow to fragile economies.
Individuals and institutions have put money into emerging-market bond funds for 10 weeks in a row starting in early July, the longest such stretch since late 2017, according to EPFR Global data. The bulk of the money came in three weeks spanning late August and early September, when net inflows hit about…