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Local Rates Claw Back Some Gains After EM-Wide Sell-Off

TURKEY
  • Local rates slightly bid at the open after moving higher in yesterday's aggressive sell-off.
  • Local curve moved 8-13bp higher across the breadth, while the USD curve drifted 2-6bp higher
  • Belly of both curves most offered.
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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