11.   A new fund that invests in emerging markets equities.

12.   A rise in U.S. interest rates to six-day highs also weighed on shares as investors shifted from emerging market equities into U.S. bonds.

13.   Declining U.S. yields can prompt investors to shift into emerging market equities from U.S. bonds as they search for higher returns.

14.   Falling bond yields tend to send investors to emerging market equities in search of higher returns.

15.   Falling U.S. bond yields can push investors to emerging market equities in search of higher returns.

16.   Higher U.S. interest rates can cause investors to shift from emerging markets equities into U.S. bonds to take advantage of increased yields.

17.   Higher U.S. interest rates can attract investors away from emerging market equities and can deter companies from taking on debt to expand.

18.   Higher U.S. interest rates can cause investors to shift from emerging markets equities into U.S. bonds to take advantage of the increased yield.

19.   In addition, low yields on U.S. bonds are pushing investors to search for higher returns in emerging market equities.

20.   Investors had feared that currency and banking crises in Asia would lead financial companies there to sell their emerging market equities and fixed-income securities to cover losses.