33 days ago • Posted by William Ramstein

Emerging debt could see further sell-off as yields continue ascent

The global EM local currency bond index is continuing its February fall while U.S. benchmark 10-year Treasury yield continue their ascent. Funds are beginning to sell emerging market bonds on fear of a rising US dollar and treasury yields. Risks concerning emerging markets could crescendo because leverage has increased compared to 2013.  Source: Bloomberg

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