The US dollar continues to fall, Bank of America Securities is bullish on emerging market assets.
Zhitong Finance APP has learned that Bank of America Securities stated that due to the expected continued decline of the US dollar, emerging market assets are expected to achieve double-digit returns this year. David Hauner, head of global emerging market fixed income strategy at Bank of America Securities, said: "This year, we can easily maintain a double-digit return rate because we believe the US dollar is the most important driving factor and believe that US long-term bonds will stabilize."
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