Pressure mounts on emerging markets
Global investors are unwinding their bets on local currency bonds, a trend that could potentially put pressure on central banks to raise interest rates. This...
Tag: Mexico
Oil price toward new highs, bad news for Central Bankers
When oil surged above $90 a barrel a few days ago, observers attributed it to military tensions between Israel and Iran. However, the underlying reasons...
A New Attraction for Emerging Dollar Debt
Borrowers from developing countries are rushing to sell debt, capitalizing on increased investor appetite and the search for high yields.Mexico led the way, starting the...