There is no shortage of dollars, but there are a lot of borrowers who are short dollars.
These are the types of funds that may be hit hard by the squeeze: iShares J.P. Morgan USD Emerging Markets Bond (EMB) and iShares Emerging Markets Corporate Bond (CEMB). Second chart of EMB is price only, unadjusted for dividends.
Year Twenty Begins
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FEEDThe longer I live, the shorter life gets. It’s a truism, I suppose, and
one of many which occur to humans as the years roll by. See, I started
Slope as...
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