Reported 2 days ago
Emerging market investors are increasingly betting on declining global interest rates as a safe haven from the volatility caused by President Trump's trade policies. With high local-currency bond yields and potential for central banks to ease monetary policy amidst the trade war, many are focusing on the debt markets of developing countries. While US stocks face significant declines, emerging market debt has shown resilience, with notable increases in certain currencies and bonds in countries like Brazil and Turkey, despite ongoing risks linked to US economic performance.
Source: YAHOO