Bloomberg
Pivotal Week Confronts Emerging Markets at Mercy of U.S. Yields
(Bloomberg) — That the immediate fate of emerging markets is likely to be determined by the path of the dollar and Treasury yields is barely in dispute.But what is less clear is which direction the U.S. currency and bond market will take, as investors weigh the competing forces of Covid-19 infections and the prospects of a global economic rebound. Another uncertainty is which developing economies are best-placed to ride…
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