B · Normal
On September 21, a Bank of America survey showed that 84% of the surveyed fixed-income fund managers overweighted local currency bonds, a sharp increase from 38% in August. However, there are risks in the Fed's further tightening of policy. If the US dollar strengthens again, it may trigger the withdrawal of funds from emerging market local currency bonds.
Federal Reserve News 🕐 2026-09-21 15:54
#Federal Reserve News #emerging markets
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