What’s Happening in EM: Oil Spikes Upend Local Bonds (Podcast)

Vinicius Andrade and Zijia Song discuss the shift in global interest rates expectations caused by higher energy prices and how that’s derailing bets in emerging markets local assets — one...

By Zijia Song · Bloomberg

Vinicius Andrade and Zijia Song discuss the shift in global interest rates expectations caused by higher energy prices and how that’s derailing bets in emerging markets local assets — one of the most popular EM trades over the past year.