Turkish crossover

Turkey

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EU accession euphoria, devastating earthquakes, banking crises, political fisticuffs, Argentine flu, plunging currencies and soaring bond yields. Nobody could ever accuse Turkey of being a boring credit. Over the course of the last two years the B1/B rated country has moved from being a high-yield hero to an emerging market villain, before making its first tentative steps back to being a core investment play with both dedicated emerging market portfolio investors and generalist global bond f

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