Investors Weed Out Weakest Links in Emerging-Market Tumult

By Anonymous

A rising dollar and higher U.S. interest rates are pressuring stocks, bonds and currencies in developing economies

As stocks, bonds and currencies in developing economies come under renewed stress from a rising dollar and higher U.S. interest rates, investors are trying to separate economies able to weather the storm from those too fragile to cope.

The MSCI Emerging Markets Index has dropped by almost a fifth since its January high, hovering on the edge of a bear market, commonly defined by a fall of 20% or more from a recent high.

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