For emerging markets — including relatively well-managed economies like India, Roche outlined a notably difficult and volatile investment backdrop. The primary headwind stems from US fiscal policy and ballooning bond yields, which have raised long-term global borrowing costs by 100 to 150 basis points.
For emerging markets — including relatively well-managed economies like India, Roche outlined a notably difficult and volatile investment backdrop. The primary headwind stems from US fiscal policy and ballooning bond yields, which have raised long-term global borrowing costs by 100 to 150 basis points.
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