(Bloomberg) -- Emerging market bonds and currencies
slumped as investors turned more risk averse on concern central
banks will raise interest rates to tame inflation.
Expectations of rising global borrowing costs are pushing
up yields on safer assets such as U.S. Treasuries, making
emerging-market bonds less attractive. An emerging market debt
index compiled by JPMorgan Chase & Co. fell to a four-month low.
Read more at Bloomberg Bonds News
slumped as investors turned more risk averse on concern central
banks will raise interest rates to tame inflation.
Expectations of rising global borrowing costs are pushing
up yields on safer assets such as U.S. Treasuries, making
emerging-market bonds less attractive. An emerging market debt
index compiled by JPMorgan Chase & Co. fell to a four-month low.
Read more at Bloomberg Bonds News
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