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Emerging market currencies mixed

Posted on 04 May 2011

Emerging market debt was little changed and developing region currencies were mixed as investors remained cautious in taking on risk and as the day’s economic news again highlighted inflationary pressures in developing markets.

The risk premium, or spread, on the J.P. Morgan Emerging Markets Bond Index Global was unchanged at 300 basis points over Treasurys. In price terms the index was up 0.15%……………………………………….Full Article: Source


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