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Bumpy Ride For Local Rates as CBRT Week Kicks Off

TURKEY
  • Local & USD rates Unch this morning, having traded mostly in the green during yesterday's session.
  • Local bonds outperformed their hard currency counterparts, although somewhat inconsistently.
  • 2Y yields dipped -13bp, 3Y +10bp & 10Y -13bp.
  • By contrast, the USD curve remained slightly more subdued, but bull steepened -3.5bp from the 3Y tenor.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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