Wealth and Asset Management
UBS Says Don't Fret After Emerging Bond Exodus Tops Taper Tantrum's
Remember how fast foreign investors fled emerging-market bonds during the 2013 taper tantrum? It’s even quicker now. Investors yanked more than $5.5 billion from the markets since April 16 as 10-year U.S. Treasury yields rose past 3 percent and the dollar gained, according to the Institute of International Finance. That’s…
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