A vendor exchanges money with a customer at a wholesale market in Mumbai, India. Emerging markets saw strong inflows last year, but the climate has changed in 2018. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

How emerging markets are paying the price of skittish bond investors

Nicholas Spiro says debt investors are being unduly pessimistic about the impact of the US Federal Reserve’s interest rate hikes

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A vendor exchanges money with a customer at a wholesale market in Mumbai, India. Emerging markets saw strong inflows last year, but the climate has changed in 2018. Photo: Reuters
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