By Marc Jones
LONDON (Reuters) - The prospect of another year of solid global growth should see emerging market debt make 7-8 percent in 2018, U.S. investment bank J.P. Morgan said on Wednesday, although it could be a bumpy first few months.
Laying out their top ten themes for emerging markets, the bank said a packed calendar of elections including in Mexico, South Africa, Brazil and Pakistan could also enliven markets, while EM bond investors would see hard-currency debt in circulation top $1 trillion for the first time.
A rise in pan-EM growth to 4.8 percent, or 3.6 percent excluding China, and inflation only just creeping above 3 percent should keep the recent rally firmly intact however.