Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets....
This time is different, investors say, as they lay bets on sparkling returns extending in some of Asia's biggest developing economies. Indonesia, in particular, has stood out with equity inflows, a steady currency and even its notoriously volatile bond market calm through months of taper talk leading up to Wednesday's announcement the Fed would begin paring purchases.It is a
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2021-11-05 00:00:00.0