King Dollar Makes a Pauper of Some EM Bond ETFs
December 10, 2014 at 14:08 PM EST
The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the U.S. Dollar Index tracking ETF, is up more than 9% this year, a surge that is stinging an array of asset classes including emerging markets debt. In a report released Sunday, the Bank of International Settlements notes that...