Investors See 10-Year Treasury Yields at 5% Hurting EM Asia Debt

Global funds see any rise in Treasury 10-year yields toward 5% spurring outflows from emerging Asian bonds, as higher rates in the US will prompt investors to favor dollar assets over regional debt. Global funds see any rise in Treasury 10-year yields toward 5% spurring outflows from emerging Asian bonds, as higher rates in the US will prompt investors to favor dollar assets over regional debt.