About this work
Emerging markets attracted $11.3 billion in portfolio inflows in August, with debt accounting for almost all of the total despite high US bond yields and no sovereign issuance. Equity purchases in Taiwan and India offset selling elsewhere. Jonathan Fortun examines whether demand for emerging market debt can withstand upcoming Federal Reserve and Bank of Japan decisions and the return of new issuance.
Cite this work
Jonathan Fortun (2026). IIF Capital Flows Tracker: September 2026. Institute of International Finance.