Emerging Markets Retreat as Political Unrest Adds to Fed Anxiety

Updated on
  • South African bonds fall most since December as FinMin probed
  • Istanbul stocks retreat as Turkey starts Syria airstrikes

Are Emerging Markets Ready for the Fed to Hike Rates?

Emerging-market stocks declined the most in seven weeks and currencies weakened as political and security concerns resurfaced in South Africa and Turkey, sapping appetite for riskier assets before a much-anticipated address by Federal Reserve Chair Janet Yellen.

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