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IMF warns rates shift could be tipping point for EM bond funds

Diminished access to foreign capital could make it more challenging for emerging markets to finance deficits and roll over debt


IT'S one of the most crowded trades for good reason. But dizzying returns and a surge of inflows have put emerging markets on a narrow precipice.

After several false starts, economists are predicting next year will finally be the one in which...

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