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Market Vectors’ Fran Rodilosso on the Emerging Market Debt Sell-Off: Hard Currency Outperformed Debt Issued in Local Currency

NEW YORK--(BUSINESS WIRE)--The start of 2014 has been a rough one for emerging market (EM) debt, with debt issued in local currencies bearing the brunt of the decline, according to Fran Rodilosso, fixed income portfolio manager at Market Vectors ETFs.