{"podcast":{"title":"FICC Focus","slug":"ficc-focus-4513680","podcast_index_feed_id":4513680,"rss_url":"https://feeds.megaphone.fm/BLM4409767076","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/88e3cbf6-2784-11ec-a959-6301b8439f12/image/FICC_Focus3000.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Bloomberg L.P.","episode_count":603,"summary":"FICC Focus offers the latest market views on interest rates, corporate bonds, emerging market debt, commodities, and currencies by Bloomberg Intelligence analysts.","last_synced_at":"2026-09-04T22:20:35.152300+00:00","page_url":"https://stenobird.com/podcast/ficc-focus-4513680"},"episode":{"title":"EM Lens: GMO’s Courmes Steers EM Local Bond Bulls","slug":"em-lens-gmo-s-courmes-steers-em-local-bond-bulls","published_at":"2026-08-07T10:30:00+00:00","page_url":"https://stenobird.com/podcast/ficc-focus-4513680/em-lens-gmo-s-courmes-steers-em-local-bond-bulls","show_page_url":"https://stenobird.com/podcast/ficc-focus-4513680","url":"https://traffic.megaphone.fm/BLM6555811995.mp3","audio_url":"https://traffic.megaphone.fm/BLM6555811995.mp3","summary":"Emerging market local-currency government debt deserves a prominent place in global fixed income portfolios, as economic fundamentals remain resilient and the US dollar remains rich. Victoria Courmes, portfolio manager on GMO’s emerging country debt team, joins Damian Sassower, Bloomberg Intelligence’s chief EM fixed income strategist, to assess the firm’s total return expectations through the second half of 2026. Courmes and Sassower identify undervalued sectors, explore alternative investment strategies and discuss the risk-return tradeoff in opportunistic frontier markets.","meta_description":"Emerging market local-currency government debt deserves a prominent place in global fixed income portfolios, as economic fundamentals remain resilient and…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1592,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/ficc-focus-4513680/episodes/em-lens-gmo-s-courmes-steers-em-local-bond-bulls/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/ficc-focus-4513680/em-lens-gmo-s-courmes-steers-em-local-bond-bulls.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}