bearish
Higher Correlation with US Yields but Less Differentiation Within EM Rates
330 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.
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Gautam Jain, PhD, CFA
Fixed Income and Currency Strategist
Price Chart(Sign Up to Access)
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