Emerging-market investors are pulling back from riskier bond investments amid a significant selloff in global credit markets. The recent turmoil has resulted in high yields for US Treasuries, raising concerns among money managers. With credit spreads at tight levels not seen since 2007, investors are worried about potential bond selloffs. Some analysts are trimming exposure to certain countries while favoring higher-rated credits like Indonesia and the Philippines.
Fed tightening bets weigh on gold prices
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on