Loomis hasn’t owned Treasuries for more than a year and is betting emerging-market currencies including Indonesia’s rupiah, seen here, will appreciate against the dollar, money manager Kathleen Gaffney said. Photographer: Gillianne Tedder/Bloomberg
Loomis hasn’t owned Treasuries for more than a year and is betting emerging-market currencies including Indonesia’s rupiah, seen here, will appreciate against the dollar, money manager Kathleen Gaffney said. Photographer: Gillianne Tedder/Bloomberg
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