morgan stanley anticipates that emerging markets bonds are likely to benefit from increased inflow of funds next year, as a weaker dollar is expected and the performance of emerging economies will outpace that of the usa. morgan stanley's global credit research director Andrew Sheets stated that trading in south korean government bonds has become significantly more convenient for foreign investors, which will allow south korea to gain substantial benefits from this trend. morgan stanley is also bullish on hungarian forint and indian rupee bonds and expects mexican bonds to stand out in the latin american market. morgan stanley predicts that the dollar and us bond yields will decline next year, while any tariff measures introduced by trump will only be implemented gradually; Sheets believes that this will benefit emerging market local currency bonds.