Turkey, Ukraine firms among emerging debt flashpoints | Reuters:
"Bonds of Turkish banks, Ukrainian state firms and central European miners were among the worst performers in a recent sell-off in emerging debt and investors are on alert for further price falls or even defaults.
The emerging corporate debt market has boomed in recent years, with the volume of outstanding debt passing $1 trillion last year and record issuance seen in the first half of 2013.
Low yields and investor appetite for risk have made the market attractive for borrowers, especially as much bank lending remains frozen."
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