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This Is Increasingly Looking Like An Emerging Market Bond Meltdown

Monday, June 10, 2013 - 6:37 PM
One of the big themes in global markets over the past month has been the rise in U.S. Treasury yields and the attendant strength in the U.S. dollar. This has caused a big unwind in emerging markets, as EM currencies depreciate against the dollar and higher-yielding EM government bonds look less attractive relative to Treasuries.
ShorebreakShorebreak2,621 posts since
Apr 6, 2010
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