EM issuers battle on in new world of rates volatility

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EM issuers battle on in new world of rates volatility

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2EG53EB Washington, USA. 17th Feb, 2021. Photo taken on Feb. 17, 2021 shows the U.S. Federal Reserve in Washington, DC, the United States. U.S. Federal Reserve officials broadly agreed that the Fed's easy monetary policy will remain in place for some time, according to the minutes of the Fed's recent policy meeting released Wednesday. Credit: Liu Jie/Xinhua/Alamy Live News | Alamy Stock Photo

Modest order books and higher new issue concessions for dollar and euro issues this week showed that emerging markets borrowers are operating in a different market to a month ago, before inflation concerns had brought non-stop volatility to US Treasury markets.

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