Equities
Equities in Emerging Markets are trading at the highest valuations relative to advanced-country shares since June 2008
http://www.bloomberg.com/news/2010-09-01/this-time-seen-different-with-emerging-markets-surpassing-developed-world.html
According to Bloomberg, the top ten world’s best-performing major benchmark equity indexes last month were in developing countries.
But equities in the BRICs aren't doing as well as other emerging markets
http://www.livemint.com/Articles/PrintArticle.aspx?artid=DB726222-B681-11DF-8344-000B5DABF613
Is it time to sell or is it time to buy?
Bonds
Dollar denominated bond sales from Emerging Markets grow dramatically as borrowing costs decline
http://www.bloomberg.com/news/print/2010-09-01/emerging-market-bond-sales-doubled-in-august-on-dollar-yields-below-local.html
An interesting graph on bond spreads (yield difference relative to US Treasuries)
http://www.dismal.com/dismal/graphs/blog/cli_090210_1b.GIF
(Graph Link forwarded by C. Lykes)
