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  • News From Press Developed markets outperformed emerging markets in March, shows data

    Developed markets outperformed emerging markets in March, shows data

    The 10-year US Treasury yield has moved from 1.2 per cent to 1.7 per cent in just six weeks.
    Business Standard Apr 5, 2021

    Developed markets (DMs) outperformed emerging markets (EMs) in March amid the rise in US bond yields and the dollar. Germany, the US, and France were the better-performing major global markets last month. On the other hand, India, China and the Philippines were among the laggards. Analysts say fears of weakness in emerging market currencies and the US “reflation trade” are prompting investors to pare their exposure towards EMs. 

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