Bernanke and the Asian debt sell-off

Who's afraid of Ben Bernanke? Hints of Fed tapering sparked a sell-off in emerging market bonds, but most of the outflow came from mutual funds.
US Federal Reserve chairman Ben Bernanke hinted that the Fed would reduce its vast purchases of US Treasuries, signalling an end to an era of ultra-low interest rates.
US Federal Reserve chairman Ben Bernanke hinted that the Fed would reduce its vast purchases of US Treasuries, signalling an end to an era of ultra-low interest rates.

The sell-off in Asian emerging market debt started early on May 23, when most people in the region were still asleep. On the other side of the planet, US Federal Reserve chairman Ben Bernanke hinted that the Fed would reduce its vast purchases of US Treasuries, signalling an end to an era of ultra-low interest rates.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media