US stocks: US market rebounds, but yield surge sets stage for weekly losses

Major Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the opening. The S&P 500 also experienced a rise in its opening figures. The Nasdaq Composite index registered a notable gain at the opening bell. Markets are still set to finish the week with losses.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry

September 21, 2026

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