This Great Graphic was posted by Katie Martin of Dow Jones, which she picked up from Barclay's and was later posted by Gokkhan Kula's from Myra Capital.
The X-axis is the change in the spot currencies against the dollar since late May. The Y-axis is the change in the local 5-year debt..
It is a useful way to conceptualize what has happened from a total return perspective. Korea, Czech, Romania, and China appear to have weathered the storm, thus far.
Great Graphic: Emerging Market Currencies and Local Currency Debt
Reviewed by Marc Chandler
on
September 04, 2013
Rating:
Reviewed by Marc Chandler
on
September 04, 2013
Rating:
