The recent rally in emerging-market assets stalled on Tuesday as a surge in long-term US Treasury yields and renewed tensions in the Middle East drained demand for risk, snapping a four-day winning streak in stocks and pushing borrowing costs higher.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-18/emerging-assets-halt-rally-on-higher-oil-prices-bond-selloff)