Rising U.S. Bond Rates Are Starting to Put Pressure on Emerging Markets
A collection of U.S. one-hundred dollar bills sit on a black background in this arranged photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

Rising U.S. Bond Rates Are Starting to Put Pressure on Emerging Markets

(Bloomberg) -- Trade optimism is a good excuse for a risk-on rally, but the investor flight from havens has lifted global bond yields at a pace that could reduce the appeal of emerging markets.
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