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Stocks cautious on US-Iran escalation, bond yields hit multi-year highs

Stocks cautious on US-Iran escalation, bond yields hit multi-year highs

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Emerging market bonds surge as dollar debasement trade fuels investor inflows

Emerging market bonds are set for further gains as dollar debasement fears grow. Investors seek alternatives to the greenback, driving demand for these assets.

  • Emerging-market bonds gain 3.3% this year, outpacing developed-market bonds' 1.9% decline
  • Dollar debasement trade fuels investor inflows into emerging markets
  • Fiscal discipline and inflation control make emerging markets attractive to investors

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