Bessent's Treasury Move Is Fueling the Carry Trade. Emerging Markets Are Preparing for a 'Wall of Money.'
- Posted on September 3, 2026
- By International Business Times
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- 1 min read
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Bessent's Treasury Move Is Fueling the Carry Trade. Emerging Markets Are Preparing for a 'Wall of Money.'
Brazil, Turkey and Colombia emerging as some of Wall Street's favored destinations with their currencies strengthening.