(Reuters) - Turkish markets were a bright spot, however, after elections
on Sunday in which the pro-business AK Party secured a decisive
victory. The lira and Turkish bonds rallied and Turkey's main
share index rose 2.7 percent.
Concerns about problems in the U.S. subprime -- or risky --
mortgage sector continue to swirl around markets. U.S. Federal
Reserve Chairman Ben Bernanke said last week that losses could
hit $100 billion and hit consumer spending.
Read more at Reuters.com Bonds News
on Sunday in which the pro-business AK Party secured a decisive
victory. The lira and Turkish bonds rallied and Turkey's main
share index rose 2.7 percent.
Concerns about problems in the U.S. subprime -- or risky --
mortgage sector continue to swirl around markets. U.S. Federal
Reserve Chairman Ben Bernanke said last week that losses could
hit $100 billion and hit consumer spending.
Read more at Reuters.com Bonds News
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