New Delhi, Nov. 10 -- bEmerging marketonds are becoming more resilient to global economic shocks, less dependent on the US dollar and potentially more attractive to investors, as per a report by Goldman Sachs (GS).

The report highlighted that emerging market debt demonstrated greater stability despite the surge in oil prices triggered by the Iran war earlier this year, defying expectations of a widespread selloff in developing economies.

"...emerging market sovereign and corporate bonds weathered the shock with a newfound stability and solid performance for investors," it said.

According to Goldman Sachs, the development reflects the growing maturity of emerging market credit as an asset class, with investors increasingly reassessing o...