Bond mkts in India, S Korea most vulnerable to sell-off in the region's EMs

Bond markets in the two countries are at opposite ends of the investment spectrum

Bond markets in South Korea and India are the most vulnerable to a sell-off in the region’s emerging markets, even if they’re typically at opposite ends of the investment spectrum.
 

Inflation in these two nations -- one a tech exporter and the other a services and agriculture-driven economy -- is heavily influenced by rising energy prices given how much they import. Their bonds also have a higher sensitivity to U.S. inflation breakevens than others, according to data compiled by Bloomberg News.

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Rising price pressures have