Hawkish Fed Throws Down Challenge for Emerging-Market Bond Rally
Just when it looked like emerging-market bonds would catch a break from falling energy prices, along came Federal Reserve Chairman Kevin Warsh to spoil the party.
By Marcus Wong, Malavika Kaur Makol · Bloomberg Markets
Just when it looked like emerging-market bonds would catch a break from falling energy prices, along came Federal Reserve Chairman Kevin Warsh to spoil the party.