WEEKEAHEAD-Emerging debt investors wary of subprime, Fed

(Reuters) - Fears that the subprime mortgage crisis could spill over
into other markets already led some investors to flee risky
assets on Friday, in an initial flight to safe-haven U.S.
Treasury notes.




Emerging debt spreads over Treasuries, an important measure
of risk aversion, widened 6 basis points to 159 basis points
during the week, according to the JP Morgan's EMBI+ index
. Only on Friday, spreads widened 4 basis points.


Read more at Reuters.com Economic News