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Tactical positioning

The side effects of monetary policy

Reading time: 3 Min
Normalisation of monetary policy has long been a major talking point on the markets. But recent weeks have shown that a return to higher interest rates is not plain sailing. In the short term we believe that the scope for further interest rate increases is exhausted. The resultant breathing space should be good for emerging market bonds.

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Emerging markets under pressure – A general conflagration is not to be anticipated
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Challenging market environment

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