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Investors rush to Turkey despite turmoil

Aug. 04, 2016 4:00 AM ETTKF, TURBy: Yoel Minkoff, SA News Editor4 Comments
  • Despite an attack at Istanbul's main airport, a foiled coup and the country's debt getting downgraded, some of the best-performing investments in the global economy last week were Turkish stocks and bonds - up 6.6% and 3.8% in dollar terms.
  • Emerging markets are known for their wild swings, but the mini-rally may highlight just how much risk yield-starved investors are willing to take on when government bonds around the world are offering up negative returns.
  • ETFs: TUR, TKF

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