09 May COLUMN-Emerging markets risk vicious dollar, yields, reserves spiral: McGeever
LONDON, May 10 (Reuters) – With the dollar and U.S. Treasury
yields marching higher, the latest emerging market firestorm
risks plunging these countries into a self-perpetuating cycle of
falling currencies, higher U.S. yields, a stronger dollar and
mounting pressure on their FX reserves.
yields marching higher, the latest emerging market firestorm
risks plunging these countries into a self-perpetuating cycle of
falling currencies, higher U.S. yields, a stronger dollar and
mounting pressure on their FX reserves.
Sorry, the comment form is closed at this time.