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Global economy set for K-shaped recovery, says Luke Browne


US 10-year yield could rise further in short term
The market continues to see the sweet Bullrun supported by the vaccination drive, encouraging signs of economic recovery, a weak dollar and strong FII flows in Emerging Markets. but will these tailwinds keep the momentum going?       
Luke Browne, head of multi-asset allocation (Asia), Manulife Investment Management remain constructive on Asia and emerging markets. while speaking to et now he said India is placed better than its em peers and looks attractive due to valuation been less starched. he said Asia markets have the ability to recover faster, and remains an attractive bet for the investors hunting for yield. ....

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