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Turkey Drags EM Lower while US Yields Soften Ahead of Supply

March 22, 2021
Overview:  Equities in the Asia Pacific region and Europe found little support from the lower bond yields.  Chinese, Taiwanese, and Australian equities managed to post modest gains.  A fire at a Renesas auto chip facility in Japan weighed on auto shares.  This yet another disruption in chip production which was already estimated to cut global auto…
Turkey Drags EM Lower while US Yields Soften Ahead of Supply Turkey Drags EM Lower while US Yields Soften Ahead of Supply Reviewed by Marc Chandler on March 22, 2021 Rating: 5
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