High bond yields are a sign of low trust - if you trust a currency will be stable you need less yield to risk investing in it.

Correct, so the BRICS angle I'm responding to is not what the market is showing.

	▲	brazukadev 29 minutes ago \| parent [-]
		it was a tongue-in-cheek comment, I think. China is doing well and will try to prop up its BRICS partners as long as it benefit China. It doesn't help that current US government is actively attacking those countries' economies.