‘Trader Tantrump’ Sparks Biggest Ever Emerging Market Bond Outflows As Dollar Soars

The Emerging Market Bond Bloodbath has left a painful trail as investors pulled a record $546 million from the largest EM Bond ETF last week. As the US Dollar surges on the intermingled themes of Trumponomics’ inflation and higher rates, EM and Asian FX rates are collapsing to Lehman crisis lows as the rest of the world suffers despite US equity gains.
US Equities are the only winners…

This post was published at Zero Hedge on Nov 22, 2016.