Should U.S. Investors Worry About Turkey?

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By J.P. Morgan Asset Management via Turkish assets have been under severe pressure, with the Turkish lira depreciating by 42% against the U.S. dollar this year, down 22% this week alone. In addition, year-to-date, local equities are down 19% and the 10 year USD government bond yield is up 309 bps to 8.4% since January [...]

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