bearish
Higher Correlation with US Yields but Less Differentiation Within EM Rates
334 Views10 Dec 2021 00:02
Higher US volatility has spilled over to EM. Typically, increased volatility results in more trading opportunities because of greater differentiation, but this has not been the case this time around.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 15-minute read)
Discussions
(Paid Plans Only)
Gautam Jain, PhD, CFA
Fixed Income and Currency Strategist
Price Chart(Sign Up to Access)
- Yield Breakout and NDX LT Trendline Inflection for US and Global Risk09 Jan 2022
- Gems Among Stones: EM Rates’ 2021 Performance and What to Expect in 202206 Jan 2022
- 2022 High Conviction: Thematic Rate Curve Steepening Trades in EM13 Dec 2021
- EM Local Rates in the Line of Fire as US Rates Volatility Spikes Higher03 Dec 2021
- Yield Pullback Call Unfolding07 Nov 2021
- Flattening of Rate Curves in EM Far Exceeds the US03 Nov 2021
x