Sat, Apr 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Currencies are slapping emerging-market bonds

Posted on 12 September 2013

Currency movements are a fairly esoteric concept for most bond fund investors, but anyone who owns a fund invested in emerging-market bonds denominated in local currencies has been feeling the pinch lately.
Many emerging market currencies have plunged in recent weeks, adding to the already steep losses in emerging debt. Since April 30, the WisdomTree Emerging Currency Fund (CEW) — an ETF that invests in a basket of 15 emerging currencies — has lost 6.2%. The primary reason for this downturn is the prospect that the U.S. Federal Reserve will soon taper its quantitative easing policy, which has driven bond yields higher in the U.S………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930