December 9, 2022

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EM markets bonds first outflow in 12 weeks

1 min read

Mexico hiked yesterday 

  • $1.1 billion vs Bank of America
  • BoA Hartnett says ‘only market crash will prevent global central banks tightening in the next 9 months

EM central banks increasing rates is one area (resulting in EM bond outflows) to watch as normalisation and inflation fears start to mount.

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