| A jump in U.S. Treasury yields in the last few weeks has raised a grim possibility for emerging market bond investors: a sustained back-up in U.S. yields that could sink the value of bond holdings. But compared to many other places in the world, the Gulf looks well-placed to weather such a storm.
Because it has a big local investor base of cash-rich financial institutions, the region may quickly absorb any mass exit by foreign investors from its bonds...............................................Full Article: Source
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