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UBP: Positive EM fundamentals should overcome technicals

A return of inflation fears triggered a sharp sell-off in US Treasuries, but UBP expects fundamentals to remain sound in the medium-term to overcome technical-related downside. The bank added that the recent correction has, in fact, created attractive entry points for investment opportunities. EM FI resistance stronger than others Although investors were initially unfazed by inflation risk in early 2018,…

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