From recovery to resiliency: the promise of EM sustainable ...
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US long-term yields have risen in recent months on expectations of strong economic growth fueled by fiscal stimulus. Eurozone long-term government yields have followed this movement in a limited way, as Eurozone economies have been hit hard by the Covid-19 crisis. The pandemic has increased economic fragmentation across European countries, putting pressure on the ECB to pursue its highly accommodative policy.More > 10 minutes
In the hunt for yield, some years ago European investors started to allocate part of their credit exposure to dollar assets.More > 10 minutes