US Yields Erases EM Bond Gains
Emerging market dollar debt has turned negative for the year as rising U.S. Treasury yields have erased previous gains. This shift follows a period where emerging market bonds had outperformed.
Tara Hariharan, Co-CIO with NWI Management, joins Emily Graffeo on "Bloomberg Real Yield." Dollar debt from countries in the emerging world has turned negative for the year, after having outperformed as turmoil sent yields on US Treasuries to the highest in nearly two decades. (Source: Bloomberg)
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