EM investors expect ‘insane’ sell-off as UK Covid worsens

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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EM investors expect ‘insane’ sell-off as UK Covid worsens

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Emerging market bond trading desks were quiet on Monday, as the last business week of the year began with the world reacting to the rapid spread of a new strain of the Sars-Cov-2 virus in the UK. But market participants expect that EM assets cannot remain immune.

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