U.S. interest rates, weak numbers from China, stumbling commodity prices have contributed to the MSCI Emerging Markets Index to hit its lowest level since September – down 9 percent. Central banks are starting to change their game and it's bonds that suffer, says Jim O'Neill, former chairman of Goldman Sachs Asset Management.
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Behind the rout in emerging-market stocks
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Staff Writer
June 13, 2013 at 12:31 PM
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