Turkey crash takes out EM
Emerging market currencies and bond yields were battered this week as old school contagion — the like of which has been absent for many years — infected the market as the Turkish lira crashed. But there is hope that a bounce back for many of these countries could be imminent, as it was after the 2013 taper tantrum. Francesca Young reports.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: