ndia (current 6.66%) and Indonesia (FR73, current 7.40%). We are also constructive on China bonds and believe they are cheap by at least 20 bps. In EEMEA FX, we are short EUR/RON. We are also long EGP as a carry trade. In LatAm FX, we have a bearish bias on COP and MXN on valuations. Chart 19: Aggregate