Troublesome Trio in Emerging Markets Face Yield-Spike Scare

March 1, 2021 0 By boss


(Bloomberg) — Eight years ago, when the taper tantrum roiled emerging markets, the so-called Fragile Five of Turkey, Brazil, South Africa, India and Indonesia suffered the most. Today, another sharp spike in U.S. Treasury yields threatens to wreak havoc on at least three of those nations.



Source link