The wagers on Trump had already been gaining ground since President Joe Biden's poor debate performance.
The number of emerging markets with sovereign debt at distressed levels has more than doubled in the past six months.
Some money managers are highlighting potential buying opportunities, given better valuations.
The impact of a default could ripple across pension funds, endowments and foundations.
Some firms are poised to pounce on buying opportunities after the Russian invasion set off a broad selloff.
From stocks to local currencies, pockets of emerging markets are on the up.
ESG issuance in developing and frontier markets reached $230 billion in 2021, up from just $75 billion a year earlier.
It could determine how disruptive the so-called quantitative tightening process is to financial markets.
It was the biggest two-day outflow for a developing-nation ETF this year, according to data compiled by Bloomberg.
Traders are rethinking the likelihood that central banks will buckle to market expectations for tighter monetary policy.
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