Headline Details

EMERGING MARKETS-Surging U.S. bond yields hit Latam currencies, stocks

Published on: Thu, 04 Oct 2018 21:43:04 UTC
News Agency: Reuters
Description:
Soaring U.S. Treasury yields sent Latin American currencies and stocks sliding on Thursday, mirroring the declines seen across global financial markets, although a volatile Brazilian real ended the day flat. The MSCI Latin American currency index fell 1.5 percent in its steepest plunge in three months as the yield on the U.S. benchmark 10-year Treasury note was perched at seven-year highs after robust U.S. economic data. The

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