business

Long-term rates in US to rise: JPMorgan Asset Management

Richard Titherington, MD & Head - Global Emerging Markets, JPMorgan Asset Management says earlier when the tapering talks had just started, EM currencies reacted rather violently. But now, with them being forewarned, EM currencies will still be under pressure but the reaction won‘t be as dramatic.

first published: Nov 22, 2013 09:52 am