EUR Hits a New Low for 2018, Emerging Markets Under-perform

Posted on May 8th, 2018

In recent weeks, EM has significantly underperformed the US and other major markets across currency, bond and equity markets.  Several higher-yielding EM currencies have fallen more sharply; including ARS, TRL, IDR and INR.  There appears to be some momentum behind the recent capital flight from EM that may not quickly reverse.  US bond yields have […]