Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets.
This time the move was far better telegraphed, and few were surprised on Wednesday.
Dwindling foreign ownership of sovereign bonds highlights particular caution on the growth outlook, especially as the government is legally bound to reduce its deficit.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.