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Tariff turmoil halts EM market bond issuance surge

By Godwin Anyebe The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand, and Latin American currencies will likely