US NFP job numbers tonight
- Thread starter Caput Lupinum
- Start date
Higher volatility in their currencies, economic outlook and credit risks
Let me see if my thinking is correct....
The FED will raise rates. This causes a jump to US bonds/T-bills ect. from a draw back of emerging market bonds. The EM countries will then need to cash in foreign treasury bonds they hold to try to pay off their bonds that everyone is selling to buy UST. Some to most of these FX reserves are most likely UST, so we shouldn't see a spike in the UST until we see many EM bonds defaulting, right?
The FED will raise rates. This causes a jump to US bonds/T-bills ect. from a draw back of emerging market bonds. The EM countries will then need to cash in foreign treasury bonds they hold to try to pay off their bonds that everyone is selling to buy UST. Some to most of these FX reserves are most likely UST, so we shouldn't see a spike in the UST until we see many EM bonds defaulting, right?
Turkey, Chile and Peru currently have to most exposure to US denominated debt as a total of corporate debt. All are above 70%
Indonesia, Kazakhstan and Vietnam all have +60%
Indonesia, Kazakhstan and Vietnam all have +60%
sterling-nz
Well-Known Member
Ouch!Caput Lupinum said:
Certainly puts a dent in the Fed's policy tightening mandate
Big fail.
Wow, look at the rally in gold but more so in silver, silver in aud just shot up 80cents an ounce
aleks said:
Hopefully for him he will not meet some people using the commantary section over there, could become a bloodbath
http://www.zerohedge.com/news/2015-10-08/according-bernanke-was-biggest-impact-qe
271k NFP - well above expectations with the USD rallying and PMs falling. December rate hike more likely now than anytime previously.