Thoughts on the latest CPI and EM reaction

That latest CPI print, while not a shocker, definitely cemented the 'higher for longer' narrative for me, especially seeing the continued climb in $UST to 41.6006. It's making me re-evaluate some of the emerging market plays on my watchlist.

While $EMXC is up today at 96.14, I'm genuinely curious if this is more short-term momentum or if the market is starting to price in a more resilient EM picture despite the strong dollar.

Are others adjusting their EM exposure or just holding steady given the current macro backdrop? Looking for some differing perspectives here.