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Market Impact: 0.15

EBND Makes Notable Cross Below Critical Moving Average

Source: Nasdaq

Emerging MarketsCredit & Bond MarketsMarket Technicals & Flows

State Street’s SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) traded below its 200-day moving average, crossing under $21.15 and touching $21.09 during Friday trading. The move is a mild bearish technical signal for the local emerging-markets bond exposure, but no fundamental catalysts were cited.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12

Ticker Sentiment

STT-0.12

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