Market News / Story
Emerging Market Outflows Hit $26.3 Billion in September Amid Hawkish Fed
finance.yahoo.com ·
AI-assisted briefing: Foreign investors withdrew $26.3 billion from emerging market stocks and bonds in September, the first monthly outflow since June, according to an Institute of International Finance report cited in Yahoo Finance's preview. The report attributed the outflows to a hawkish US Federal Reserve pushing yields and the dollar higher. Non-resident investors withdrew $7 billion from emerging market fixed income.