“September pain trade” sees biggest equity, EM debt outflow in 11 weeks-BAML
13 Sep “September pain trade” sees biggest equity, EM debt outflow in 11 weeks-BAML
Posted at 10:06h
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by KMFSLLP
Rising risk aversion drove the
biggest outflows in 11 weeks from world stocks and emerging debt
over the past week, alongside a sharp increase in cash
allocations, Bank of America Merrill Lynch (BAML) said on
Friday.
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