Declining Dollar Strength Paves the Way for EM Bonds
February 20, 2024 at 11:34 AM EST
A higher-than-expected consumer price index (CPI) during the month of January may have pushed the dollar higher in the interim, but the overall trend portends declining strength once the U.S. Federal Reserve cuts interest rates. That should eventually pave the way for emerging markets (EM) bonds. Local currencies in EM countries are susceptible to dollar [...] The post Declining Dollar Strength Paves the Way for EM Bonds appeared first on ETF Trends .