Investors are raising the stakes for emerging-market central banks, rewarding those doing the most to prevent inflation from becoming more than transitory.
With inflation in developing nations now exceeding expectations by the most in more than a decade, assets backed by policy makers who are getting ahead of price pressures are enticing fund managers more than ever. Enter Russia and South Korea, whose currencies pulled ahead most of their peers last month and whose longer-dated bonds have steadily outperformed their shorter-maturity counterparts since June.
"Market" - Google News
November 01, 2021 at 12:01AM
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Inflation Fighters Lure Emerging-Market Investors as Prices Soar - Bloomberg
"Market" - Google News
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