The asset class stands to benefit from benchmark rates that are higher – and inflation rates that in some cases are lower – than in the US. In Latin America, central banks acted quicker than the Federal Reserve when price pressures started bubbling up, ultimately tightening more.
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