2015-01-08marketwatch.com

``... in emerging markets ... with money so cheap -- thanks again to the Fed's zero-interest-rate policy -- developing countries, and companies in those countries, naturally took out a lot of debt. The catch here is that they often borrowed in dollars. Now, bond investors are worried that the strong dollar makes it harder for those borrowers to pay back that dollar-denominated debt. ''



Comments: Be the first to add a comment

add a comment | go to forum thread