Why Rising Treasury Yields Add Pressure to EM Currencies

Bloomberg Video

Nov.25 -- Emerging-market currencies headed for their biggest monthly loss in more than a year as the prospect of higher U.S. interest rates boosted the dollar and damped the outlook for developing-nation economies. Bank of New York Mellon Chief Currency Strategist Simon Derrick discusses with Yousef Gamal El-Din on "Bloomberg Daybreak: Europe."