Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, PENDLE (Pendle) is currently priced at $2.53, having risen 12.46% in the last 24 hours, reaching a high of $2.54 and a low of $2.04. The 24-hour volume is $55.2 million. The current market capitalization is approximately $417 million, an increase of $46.2 million compared to yesterday. Pendle is the world's largest cryptocurrency yield trading platform. The platform offers functions such as trading, hedging, unlocking, earning, leverage, and fixed income. Pendle includes two main products: Boros margin trading and V2 spot trading. Boros allows users to trade any yield with powerful leverage and unprecedented capital efficiency, even off-chain interest rates. V2 supports spot yield trading and earning fixed income.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, STBL (STBL) is currently priced at 0.06 USD, with a rise of 18.36% in the last 24 hours, peaking at 0.08 USD and falling to a low of 0.05 USD. The current market capitalization is approximately 322,000 USD, an increase of nearly 50,000 USD compared to yesterday. Important news about STBL recently: 1️⃣ **STBL integrates Ondo's USDY, redefining the way stablecoin yield is generated** STBL announces the integration of Ondo's USDY stablecoin, aimed at providing a new yield generation mechanism for STBL holders. This innovative integration is expected to enhance the utility and appeal of STBL, supporting its price rise. 2️⃣ **STBL is moving towards "Stablecoin 2.0", multiple transactions

PANews, November 25 news, the Talus Foundation announced on the X platform that it will launch an LP-based Airdrop mechanism. Talus will airdrop liquidity positions that can generate yield in the form of yUS Token. yUS is a Fungible Token that encapsulates automated liquidity provision strategies for the US-USDC trading pool on the Momentum DEX through the NODO AI vault. The Talus Token Generation Event (TGE) community airdrop participants include Tally NFT holders (snapshot EDT time November 17 at 10:00), participants from the community center (top 500 ranked in seasons 1, 2, and 3, and holding the Talizen Discord role), participants of the Korea Blockchain Week (KBW) event, Talus.

Gate News Bot news, on November 25, according to CoinMarketCap's market data, RESOLV is currently priced at $0.15, with a rise of 24.75% in the last 24 hours, peaking at $0.24 and dropping to a low of $0.12. The current market capitalization is approximately $49.3 million, an increase of nearly $9.799 million compared to yesterday. Resolv is a financial layer designed for stable yields, offering transparent dollar products supported by diversified crypto income sources. Its main product, USR, is a crypto-native dollar tool aimed at providing stable returns with no directional market risk. Resolv's modular architecture allows for the allocation of funds to different markets, achieving stable and risk-controlled returns. Additionally, Resolv offers RLP leveraged yield products and curated investment vaults for different risk appetites.

The Cayman Islands court has prohibited Maple Finance from launching the yield-generating Bitcoin product syrupBTC, due to accusations from the Core Foundation of breaching an exclusive contract. Although Maple denies the allegations and claims that syrupBTC was developed independently, this case demonstrates that DeFi products need to comply with real-world legal contracts.

Odaily News The CME Group announced today that its highly liquid U.S. Treasury futures and options products reached a record high of 35,120,066 open interest (OI) on November 20. Meanwhile, the trading volume of CME's interest rate futures and options products reached 44,839,732 contracts on November 21, marking the second highest single-day trading volume in history. Agha Mirza, head of global rates and OTC products at CME, stated: "Against the backdrop of economic rise and uncertainty in the Fed's rate cut pace, market participants are turning to our markets for unmatched trading efficiency and liquidity across the yield curve." (Jin10)

According to BlockBeats news on November 24, Ondo Finance announced an investment of $25 million in Figure's yield-generating stablecoin YLDS to enhance the income sources of its flagship tokenization fund OUSG and improve diversification. OUSG currently has a TVL of over $780 million, with underlying allocations in BlackRock, Fidelity, Franklin Templeton, WisdomTree, and FundBridge.

Odaily News Brazilian listed company OranjeBTC announced that it has increased its holdings of 7.3 BTC at an average price of about 95,000 USD, bringing the total holdings to 3,720.3 BTC, with a year-to-date Bitcoin yield of 2.2%.

Odaily News According to official news, Gate will officially launch the Gate Perp DEX BTC & ETH dual coin yield challenge from 19:00 on November 24 to 19:00 on December 8 (UTC+8), with a total prize pool of 30,000 USDT. Users can participate in the event through three major zones: Perps exclusive rewards for newcomers, BTC & ETH yield challenge, and invitation fighting rewards. During the event, new users who complete BTC/USDT or ETH/USDT perpetual trading and meet the volume requirements for the first time on Gate Perp DEX can win 5 USDT. Entering the yield leaderboard, the highest reward is 3,000 USDT. Inviting friends to participate can also earn up to an additional 120 USDT.

BlockBeats news, on November 24, according to official news, the original staking service provider Kiln announced the launch of the institutional yield infrastructure Railnet. The announcement stated that Railnet is an open yield layer that standardizes the flow of capital between different yield sources. It does not participate in deposit competition but connects asset management companies, protocols, and platforms through unified channels. The protocol is collaborating with Ethena, Sentora, Chainlink, and others. In September, the staking service provider Kiln announced that after SwissBorg suffered a hacker attack resulting in a loss of approximately 41 million USD SOL, it will orderly exit all Ethereum validation nodes on September 10, 2025, which is expected to be completed in 10 to 42 days, with an additional 9 days required for withdrawal, as a preventive measure.

ChainCatcher news, the new generation BTC-Fi protocol Batoshi Foundation announces its governance token BVT will officially launch on Gate Alpha today. Batoshi Foundation is centered around the concept of "MicroStrategy On-Chain", constructing a native on-chain BTC Treasury by issuing beraBTC (1 BTC = 1 beraBTC). All BTC reserves are verifiable in real-time and can be redeemed 1:1 instantly. The protocol utilizes the "Raise → HODL → Appreciate" flywheel mechanism to unify fundraising, BTC accumulation, and on-chain yield within a single model, aiming to accumulate 10,000 BTC reserves over three years. governance token

Ethena Labs has partnered with Nunchi, which will create Perptual Futures based on the yield market, allowing users to participate in trading such as RWA Intrerest Rate. Part of the revenue will support the Ethena ecosystem, and there may be a Token Airdrop. At the same time, users can trade with USDe to receive transaction fee rebates and funding rate discounts. Users who stake nHYPE can also receive 20 times the Ethena rewards.

The key pain point area for Bitcoin prices is between $84,000 and $73,000, which determines the bottom of this cycle, mainly influenced by the cost basis of large institutional investors. The market is undergoing a comprehensive reset, and sellers are being forced to yield.

PANews November 21 news, Maple Finance responded to the recent public accusations from the CORE Foundation regarding its BTC yield program and syrupBTC product. Maple firmly denies CORE's accusations, stating that they distort the facts. Maple claims that the BTC yield program operates as an independent entity, with assets isolated from the overall business. Due to the fall in the value of CORE tokens, risk control measures have been initiated, with plans to orderly sell CORE tokens to protect the principal of lenders. Although there are hedging mechanisms in place to protect lenders, the inability to sell tokens as planned is affected by the legal actions initiated by CORE. At the same time, it emphasizes that syrupBTC is independently developed and has not used CORE's confidential information. In terms of law, Maple is actively filing a lawsuit to enforce the hedging agreement signed by CORE, and points out that CORE's allegations have not been confirmed, and the judgments cited by it originate from a

Gate News bot message, according to the Gate platform announcement on November 21, 2023. Gate has launched the USDT staking Spark protocol product. This product allows users to stake USDT through the Spark Protocol, currently offering an annualized yield of 4.4%, with a minimum staking threshold of 1 USDT. Spark Protocol is a decentralized lending market launched by MakerDAO. This protocol integrates direct lending functions within MakerDAO, providing staking yields to users based on Sky. Staking users can receive daily earnings distributed in USDT and can apply for redemption at any time.

ChainCatcher news, according to Jin10 reports, Jussi Hiljanen, chief strategist of the research department at Nordea Bank in Sweden, stated in a report that he still expects the yield on the 10-year U.S. Treasury bond to fall to 3.9% in the first quarter of 2026. He pointed out that to achieve this goal, the market must re-establish confidence in the Fed's rate-cutting path. Although recent hawkish remarks from Fed officials have increased uncertainty in the short term, he emphasized that a shift to a more accommodative policy stance, a reduction in interest rate expectations, and lower yields remain his benchmark scenario in the next three to four months.

According to Foresight News, the decentralized options platform Derive has been launched on HyperEVM. HYPE holders can now use their tokens as collateral to trade options and options contracts on Derive. When users generate profits on the Derive platform, the TVL remains in Hyperliquid. As a result, HYPE becomes a yield-bearing collateral.

PANews reported on November 21 that Mu Digital has completed a $1.5 million Pre-Seed round of financing, with investors including UOB Venture Management, Signum Capital, CMS Holdings, Cointelegraph Accelerator, and Echo. Mu Digital focuses on bringing real assets from the $20 trillion credit market in Asia on-chain and plans to launch the Monad Mainnet on November 24. The products include Asia, which features a return of 6-7%.

PANews reported on November 20 that Plume, a modular Layer 2 blockchain centered around Real World Assets (RWA), announced on Wednesday that tokenization giant Securitize will expand its coverage in the global real world asset space by launching institutional-grade assets through Plume's Nest staking protocol. The asset launch plan will begin with related assets from Hamilton Lane and continue until 2026, aiming for a target capital scale of $100 million. As part of the deal, Bitcoin financial platform Solv plans to invest up to $10 million in Plume's RWA treasury, broadening Bitcoin-based yield products through regulated RWA exposure.

According to ChainCatcher news, Jin10 reported that Infrastructure Capital analyst Jay Hatfield stated that the Fed is not expected to cut interest rates in December unless employment data is very weak. He noted that the team still expects the Fed to remain on hold in December and is confident about the gradual decline in inflation. He anticipates four rate cuts next year after the new Fed chair takes office, with the ten-year Treasury yield expected to remain around 4%, which is Favourable Information for the stock market.

Gate News bot message, according to Gate's latest announcement: Gate's Yubi Treasure platform has added regular financial products for three tokens: ZETA, CORE, and FIL. These new financial products offer three different lock-up period options: 7 days, 14 days, and 30 days. The new financial products have officially launched in the Gate Yubibao section, where users can view detailed information such as specific yield rates.

Gate News Bot message, on November 20th, according to CoinMarketCap data, as of the time of writing, RARE (SuperRare) is currently priced at 0.03 USD, with a rise of 11.23% in the last 24 hours, reaching a high of 0.03 USD and a low of 0.03 USD. The current market capitalization is approximately 25.9 million USD, an increase of 2.62 million USD compared to yesterday. $RARE is an art token that powers the digital art economy. Holding $RARE allows you to bet on the rise of the art market. Staking it can earn rewards, with an initial annual yield of 57%. $RARE supports the growing market, community, and tools network for creators and collectors. Each project generates income for stakers. Important news about RARE recently: 1️⃣ **SuperRare platform encountered a security vulnerability** SuperRare

PANews November 20 news, the Core Foundation announced that the Grand Court of the Cayman Islands found that Maple Finance was involved in "serious issues requiring adjudication" in the process of cooperating to develop lstBTC, allegedly violating confidentiality obligations and exclusive cooperation terms. The Core Foundation stated that since the beginning of their collaboration in early 2025, they have invested a significant amount of resources in technology development, market promotion, and product subsidies. However, Maple Finance has since been accused of using relevant confidential information to develop competing products, violating the 24-month exclusive cooperation agreement between the two parties. Regarding Maple Finance's announcement that it needs to impair the assets in the Bitcoin Yield product, the Core Foundation pointed out that it remains unclear why Maple Finance is unable to return the lenders' BTC.

BlockBeats news, on November 20, Circle announced that its tokenization money market fund USYC has been launched on the BNB Chain, and eligible developers and traders will be able to adopt and generate yield in the DeFi protocol.

Vincent Mortier, Chief Investment Officer of Amundi, pointed out that political pressures next year will affect Fed's decisions, increasing the risks of the US dollar and US Treasury bonds. He is optimistic about fixed income, high-quality credit, and inflation-resistant assets, and expects emerging market stocks to continue to pump. He anticipates that the yield on 10-year US Treasury bonds will remain around 4%, and is more optimistic about the outlook for Europe and Japan.

Due to the data fog exacerbating the uncertainty of the Fed's policy, officials have expressed concerns about inflation and are cautious about interest rate cuts, while the market is waiting for new catalysts. The yield on our bonds remains in a narrow fluctuation, and the minutes from the October meeting may reveal the number of opponents to interest rate cuts.

TRONBANK, a provider of infrastructure for the TRON ecosystem, has received strategic investments from five international institutions, with BlockX leading the investment with $10 million. As a DeFi platform, TronBank focuses on energy leasing, TRX staking, and on-chain yield services.

ChainCatcher news, the German-listed Bitcoin treasury company aifinyo announced that it has increased its holdings by 2 coins at an average price of €90,075, bringing its total Bitcoin holdings to approximately 30.9 coins, with a Q4 Bitcoin yield of 7.01%. The company stated its intention to purchase 10,000 coins before 2027.

Gate News Bot message, on November 19, according to CoinMarketCap data, as of the time of writing, OLV (Solv Protocol) is currently priced at $0.02, with a rise of 18.74% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $24 million, which is an increase of nearly $3.79 million compared to yesterday. Important recent news about SOLV: 1️⃣ **Demand for yield-generating stablecoins rises** The demand for yield-generating stablecoins in the cryptocurrency market continues to rise, reflecting investors' preference for assets with stability and yield potential. This trend provides a favorable development environment for similar projects like SOLV, aiding in their market share expansion and value enhancement. 2️⃣ **Multi-chain deployment strategy becomes an industry trend** Cross-chain department

Gate News Bot news, on November 18, according to CoinMarketCap data, FF (Falcon Finance) is currently priced at 0.14 USD, with a rise of 8.01% in the last 24 hours, reaching a peak of 0.14 USD and a low of 0.12 USD. The current market capitalization is approximately 321 million USD, an increase of 23.8 million USD compared to yesterday. Falcon Finance is a universal collateral infrastructure platform focused on innovation, security, and yield. Users can mint USDf, a over-collateralized synthetic dollar, by depositing eligible liquid assets. At the same time, users can stake USDf to create sUSDf, a yield token that provides diversified institutional-grade trading strategies. Falcon Finance aims to provide resilient yield performance under any market conditions.

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, YB (YieldBasis) is currently priced at 0.44 USD, with a 24-hour pump of 5.97%, reaching a high of 0.51 USD and a low of 0.40 USD. The current market capitalization is approximately 38.5 million USD, an increase of 2.17 million USD compared to yesterday. YieldBasis is a platform that generates returns by utilizing market volatility. The project offers multiple sources of income, including trading profits and token staking rewards. Currently, the platform's total value locked (TVL) has reached $150 million, supporting 3 trading markets. Users can earn YB token rewards by providing liquidity, with an annualized yield of up to 38.53%. YieldBasis also supports governance and voting functions, providing users with the opportunity to participate in platform decision-making.

Gate News Bot news, on November 18, according to CoinMarketCap, as of the time of writing, RESOLV (Resolv) is currently priced at 0.22 USD, which is a rise of 23.43% in the last 24 hours, with a high of 0.22 USD and a low of 0.11 USD. The 24-hour volume reached 116 million USD. The current market capitalization is approximately 68.8 million USD, which is an increase of 13.1 million USD compared to yesterday. Resolv USR is a truly delta-neutral stablecoin that generates returns from the cryptocurrency market. USR is backed by ETH, BTC, and derivatives, protected through a construction method that is unaffected by fluctuations in the crypto market. Resolv has also launched the Resolv Liquidity Pool (RLP) as a risk isolation layer, providing a leveraged delta-neutral yield farming.

ChainCatcher news, the Crypto Assets yield trading platform Pendle has released its third quarter report, showing an average Total Value Locked (TVL) of 8.75 billion USD in the third quarter, up from 3.99 billion USD in the second quarter, with stablecoins accounting for about 80% of the TVL. Currently, it ranks second on Plasma, with a Total Value Locked (TVL) close to 1 billion USD (approximately 30% of the entire chain). In addition, Pendle's nominal trading volume in the third quarter was $23.39 billion, with fees of $9.53 million, revenue of $9.14 million, and monthly active users of 292,000, with key metrics showing growth.

According to Jinse Finance, with UK government bonds leading the way, US Treasury bonds have recovered some ground lost last week. Despite an early setback in the corporate bond market at the start of this week—Amazon issued $12 billion in dollar-denominated bonds (its first dollar bond issuance since 2022)—the rebound in Treasury bonds has been maintained. Similarly, on Monday, the index measuring factory activity in New York unexpectedly increased, reaching its highest level in a year. Nevertheless, most Treasury yields still fell by 1 to 3 basis points. Earlier predictions suggested that with the end of the six-week government shutdown last week, the final restoration of federal economic statistics would boost the prospects of the Fed cutting rates again next month. Morgan Stanley's interest rate strategist predicts that by mid-2026, the yield on the US 10-year Treasury bond will fall to 3.75%, and in the most bullish scenario, it could even reach 2.40%. Although during the shutdown, there was no...

According to Foresight News, Hyperliquid's ecosystem-native yield layer Hyperbeat has announced the establishment of the Hyperbeat Foundation. The official statement also indicated that any address holding Hearts or Hypurr NFT before November 12, 2025, 23:22 must sign the Hyperbeat Foundation usage terms by December 5, 20:00 to receive subsequent airdrops or benefits.

Gate News bot message, according to the Gate announcement on November 17, 2023: Gate has launched a new 7-day fixed-term financial product for SOL tokens, with an annualized yield of up to 14.9%, which includes an additional 10% annualized return bonus. The new product will offer a total of 750,000 PLAYSOLANA tokens as an additional reward. This reward will be distributed on a first-come, first-served basis and will be issued daily in the form of PLAYSOLANA tokens to eligible users. PLAYSOLANA is a Web3 gaming platform built on Solana, dedicated to creating a super hub that integrates hardware, games, and brand IP, combining GameFi and DeFi functionalities to provide users with gaming, construction, and earning opportunities.

Japanese long-term government bonds have fallen sharply due to growing concerns about fiscal conditions in the market. The yield on 20-year government bonds has reached a new high since 1999, with traders following the fiscal expenditure of economic stimulus plans, worried that increasing debt may affect market stability. Despite GDP data supporting the stimulus plan, investors remain cautious.

Gate News Bot reports that on November 17, according to CoinMarketCap data, RESOLV (Resolv) is currently priced at $0.20, which is a rise of 55.37% in the last 24 hours, with a high of $0.22 and a low of $0.10. The 24-hour volume reached $279 million. The current market capitalization is approximately $63.8 million, an increase of $22.7 million compared to yesterday. Important news about RESOLV recently: 1️⃣ **Successfully raised 10 million USD, boosting investor confidence** Resolv Labs completed a $10 million financing in April 2025, reflecting the strong interest of crypto investors in yield-generating stablecoins. This funding will support Resolv in further developing and improving its products, with the potential to expand its market share for RESOL.

According to a report by Jinse Finance, economist Peter Schiff stated that MSTR's business model relies on revenue-oriented funds purchasing its "high-yield" preferred shares. However, these announced yield rates will never materialize. Once fund managers realize this, they will sell these preferred shares, and MSTR will no longer be able to issue any preferred shares, leading to a vicious cycle.

Analysts pointed out that traders' expectations for the Fed to ease policies in December have weakened, leading to a fall in the stock market, government bonds, and the dollar. Remarks from Fed officials suggest an increased likelihood of keeping the interest rate unchanged, with a 50.7% probability of a rate cut in December. The yield on the 10-year U.S. Treasury rose to 4.1211%.

Gate News bot message, according to the Gate announcement on November 14, 2025: Gate has launched a limited-time GUSD minting task event, which will take place from November 14, 2025, 15:00 to November 28, 15:00 ( UTC+8 ). During this period, users with a net deposit of no less than 5,000 USDT equivalent can participate in GUSD minting and enjoy an annualized return of up to 50%. GUSD is a principal-protected liquid financial product, allowing users to mint it using USDT/USDC at a 1:1 ratio. The product's returns come from the revenue of the Gate ecosystem, government bonds RWA, and high-quality yield assets supported by stablecoins. During the holding period of GUSD, users can not only earn the basic minting returns but also enjoy additional investment returns by participating in financial products such as Launchpool and Launchpad. Users can mint GUSD daily from 00:00 to 23:59 ( UTC ). Earnings will begin to accrue from the day after the subscription and will be distributed in GUSD form before 18:00 the following day. Redemption methods include quick redemption with a fee of 0.1% ( and standard redemption with a fee of 0.05% ).

Gate News bot message, according to Gate's latest announcement. Gate Youbi Treasure has added a new USDG fixed-term investment product, offering three lock-up periods of 7 days, 14 days, and 30 days, with an annualized yield of up to 20%. The minimum investment amount is 1 USDG. USDG( Global Dollar) is a USD-pegged stablecoin based on the Ethereum and Solana blockchains, issued by regulated entities and backed by a 1:1 USD reserve.

Foresight News reported that, according to The Block, the stablecoin and RWA protocol R25 incubated by Ant Financial has collaborated with Polygon to launch a new yield-generating stablecoin rcUSD+ supported by TradFi instruments. rcUSD+ maintains a 1:1 peg to the USD while providing yield through a combination of money market funds and structured notes. The Token will be available across the Polygon network.

Gate News Bot news, on November 14, according to CoinMarketCap data, RESOLV (Resolv) is currently priced at 0.15 USD, with a rise of 27.68% in the last 24 hours, reaching a high of 0.17 USD and a low of 0.07 USD. The current market capitalization is approximately 48.7 million USD, an increase of 10.6 million USD compared to yesterday. RESOLV is currently ranked 483rd in the market capitalization of Crypto Assets. Important news about RESOLV recently: 1️⃣ **Successfully raised $10 million, boosting investor confidence** Resolv Labs completed a $10 million funding round in April 2025, reflecting the strong interest of crypto investors in yield-generating stablecoins. This funding will support Resolv in further developing and refining its products, with the potential to drive its market share growth.

PANews, November 14 - According to The Block, the yield-generating tokenized XRP product mXRP developed by Midas in collaboration with Axelar developer Interop Labs is expanding to the BNB Chain through integration with the lending protocol Lista DAO on the network. This integration allows mXRP to be used as collateral in the Lista lending market, enabling holders to earn both the basic yield of mXRP and additional DeFi returns in liquidity pools and the lending market. This expansion allows mXRP to break through its existing application scope on the XRP ledger and the Ethereum Virtual Machine (EVM) sidechains.

Foresight News reports that StakeStone has announced the completion of its brand upgrade and the release of White Paper 2.0. According to the content of the White Paper, in terms of technical architecture, StakeStone 2.0 adopts a combination of technologies such as account abstraction (EIP-7702), gasless payment, and social login. In terms of the settlement mechanism, StakeStone 2.0 introduces a "layered settlement" system, constructing differentiated settlement hierarchies based on different asset characteristics and trading scenarios, achieving a processing model of "trading is settlement, settlement is equity confirmation", aiming to provide near real-time processing capabilities for cross-border payments, peer-to-peer transfers, and machine micropayments. In terms of product functionality, the protocol features an on-chain yield layer.

BlockBeats news, on November 13, the Hyperliquid ecosystem DeFi project Hyperwave announced that all withdrawals submitted since Saturday (November 8) need to be resubmitted due to the rare fall in the exchange rate of its HLP treasury yield-bearing liquidity token hwHLP. Support tickets can be submitted via the official Discord or within the app. Earlier today, a certain address was suspected of "malicious manipulation" of the POPCAT price on Hyperliquid, resulting in a loss of 4.9 million USD for HLP.

Gate News Bot report, on November 13th, according to CoinMarketCap data, VELVET (Velvet) is currently priced at 0.22 USD, with a rise of 14.65% in the last 24 hours, reaching a maximum of 0.23 USD and a minimum of 0.19 USD. The 24-hour volume has reached 7.08 million USD. The current market capitalization is approximately 27.7 million USD, an increase of about 3.54 million USD compared to yesterday. Recent important news about VELVET: 1️⃣ **Strategic cooperation with Beefy Finance** Velvet Capital has established a strategic partnership with the leading multi-chain yield optimization platform Beefy Finance. This collaboration aims to provide users with more diversified yield optimization opportunities, which is expected to significantly enhance the Velvet ecosystem.

Goldman Sachs strategists expect US stocks to perform poorly over the next decade, with an annual return of only 6.5%, highlighting the need to focus on emerging markets and global markets. Analysis indicates that emerging markets could yield returns of 10.9%, with growth in China and India driving the gains.