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Local Rates Offered in the Belly, While USD Curve Trades Mixed

TURKEY
  • Local rates continue to drift higher at the open, 2Y trading +6bp after being offered across the curve yesterday - mostly concentrated in the belly.
  • USD yields traded mixed. Front end pared early losses, while the long end held flat to higher.
  • Turkish USD 10Y holding below 5.80.
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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