Global markets turn risk-on, but without much cheer

Spaniards reelected the ruling People's Party in June's general election. © AP

MAKOTO KAJIWARA, Nikkei senior staff writer

FRANKFURT -- As concerns over deglobalization ease, money is beginning to flow back into risk assets, for now at least.According to the Institute of International Finance, over $13 billion has found its way into emerging-market investment trusts since the end of July.But the optimism may well be mis...

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