A currency trader walks near a screen showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul on February 18. Photo: AP
A currency trader walks near a screen showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul on February 18. Photo: AP
Patrik Schowitz
Opinion

Opinion

Macroscope by Patrik Schowitz

What rising US bond yields mean for emerging market stocks

  • While emerging markets are much more stable than they were during the ‘taper tantrum’ of 2013, they are dominated by internet, technology and consumer giants
  • Because manufacturing and financial companies will benefit more from global growth, emerging equity markets may struggle to keep up

Patrik Schowitz
Patrik Schowitz

Updated: 5:00pm, 5 Mar, 2021

Why you can trust SCMP
A currency trader walks near a screen showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul on February 18. Photo: AP
A currency trader walks near a screen showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul on February 18. Photo: AP
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