Macro Finance
EM Assets Retreat as Oil Gains on Renewed Mideast Tensions
Bloomberg Markets·September 28, 2026·1 min read
Emerging-market equities and currencies fell as oil prices rose and developed-nation bond yields climbed, dampening appetite for riskier assets. The retreat reflects investor caution amid renewed Mideast tensions and higher borrowing costs, with EM assets under pressure from both higher energy prices and tighter global financial conditions.
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