Free Trial

Bonds Slide at the Open as Brent Ticks Higher

TURKEY
  • Local & USD bonds kick off slightly softer this morning with yields on the latter up +2-12.5bp – led higher by the front-end as weaker risk sentiment filters through from the APAC session and brent ticks higher (+3.07%).
  • Yields closed Friday’s session +5-12bp higher across both curves with USD bonds managing to hold onto their gains w/w, while TurkGBs finished bear steeper.
  • Credit default swaps trimmed declines on Thurs/Fri, but managed to hold below the 600 mark as price action fluctuates around energy prices and the Ukraine crisis.

MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.