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Macro Finance

Dollar Debasement Frees EM Currencies From Treasuries’ Weight

Bloomberg Markets·August 25, 2026·1 min read

US Treasuries and emerging-market currencies are diverging the most in more than four years as higher US yields fail to fuel the dollar's strength like they once did. This shift suggests a decoupling of traditional relationships in global markets, with implications for investors. The divergence reflects changing dynamics in the global financial system.

Read at Bloomberg Markets
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