Why currencies in the developing world are experiencing the worst selloff in five years.

Some of the same developing nations that performed well during the financial crisis may be laggards as the Fed cuts stimulus and interest rates rise.

Some of the same developing nations that performed well during the financial crisis may be laggards as the Fed cuts stimulus and interest rates rise.

Pimco says now is the time to buy emerging-market debt, as yields are up after the worst selloff in a decade.

Pimco says now is the time to buy emerging-market debt, as yields are up after the worst selloff in a decade.

High-yield debt of companies in emerging markets is so expensive it leads to talk of asset bubbles.

High-yield debt of companies in emerging markets is so expensive it leads to talk of asset bubbles.

Money manager uses its own analysis to assess country risk.