(USD) Dollar Debasement Frees EM Currencies From Treasuries’ Weight
US Treasuries and emerging-market currencies are diverging the most in more than four years as higher US yields fail to fuel the dollar’s strength like they once did.
By Srinivasan Sivabalan · Bloomberg Markets
US Treasuries and emerging-market currencies are diverging the most in more than four years as higher US yields fail to fuel the dollar’s strength like they once did.