Wall Street’s Favorite Emerging-Market Bet Falters as War Rages

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Bloomberg Markets 2 weeks ago • bloomberg.com

Wall Street’s Favorite Emerging-Market Bet Falters as War Rages

Once a top pick among emerging-market investors, local-currency debt is quickly becoming a pain trade.

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Gulf Times - Business 2 weeks ago • gulf-times.com

Wall Street’s favorite emerging market bet falters as war rages

Once a top pick among emerging-market investors, local-currency debt is quickly becoming a pain trade.After months being boosted by a weaker dollar, slowing inflation and interest-rate cuts, the bonds...

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