Meanwhile, in bonds, yields spiked Tuesday along with several other emerging market countries. Also, the cost of insuring South Africa’s debt against default also rose to a 17-month high, Reuters reports. [Is the Party Over for Emerging Market Bond ETFs?]
Investors have dumped emerging market bonds and currencies since the Federal Reserve first hinted it may begin tapering its stimulus measures. [Emerging Market Currency ETF Falls]
EZA was down nearly 2% in U.S. trading Tuesday.
iShares MSCI South Africa
