Economic TimesLean R·
Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higher
Foreign investors withdrew $26.3 billion from emerging-market stocks and bonds in September, marking the first monthly outflow since June, as a hawkish Federal Reserve pushed US yields and the dollar higher, the Institute of International Finance said on Wednesday, Reuters reported.Non-resident investors pulled $7 billion from emerging-market fixed-income assets during the month, resulting in the first net outflow since March, when an escalating conflict in the Middle East unsettled global mark…
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