EM currencies fall amid Treasury yields outlook
![](https://s32566.pcdn.co/wp-content/uploads/2024/07/emerging-markets-sign-against-economy-background-with-graph-and-coins.jpg_s1024x1024wisk20cnq4u5QGsAbMtNsTQLLZsZQ8DE_rKEPbFzNpL61VHyXk-3-951x634.jpg.optimal.jpg)
Concern outweighed better signals on inflation.
Emerging-market currencies fell Tuesday as concerns over a potential Trump victory in November’s presidential election fuel bets on higher US Treasury yields, outweighing remarks from Fed Chair Jerome Powell that inflation is getting back on a downward path.
The MSCI gauge for developing curren
Learn more about reprints and licensing for this article.