Currency Correlations Could Bode Well For ‘EMLC’ ETF
May 14, 2019 at 07:00 AM EDT
The VanEck Vectors Emerging Markets Local Currency Bond ETF (NYSEArca: EMLC) is trading slightly lower on a year-to-date basis, but with the Federal Reserve and European Central Bank (ECB) looking poised to hold interest rates steady this year, there could be opportunities for tactical fixed income...