Free Trial

GDP Buoys Turkish Bonds, Risk Premia Unmoved at 410

TURKEY
  • Local & USD rates Unch this morning, having firmed in yesterday's session.
  • Local bonds were buoyed by better than expected GDP, pulling lower across the curve with a slight bull steepening bias.
  • USD bonds traded little changed to slightly lower across the curve.
  • Risk premia remained flat in yesterday's session, holding onto Friday's gains back towards 410.

Data

  • 0800BST: Markit/ISO Turkey PMI Mfg, prior 50.4
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.