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Turkey GBs Weathering the EM Storm

TURKEY
  • Local & USD rates Unch at the open after a choppy week for EM bonds.
  • Balanced approach from CBRT helped bonds trade firmer than their EM high-beta counterparts on Friday
  • May translate into positive momentum this week on a recovery in broad risk sentiment.
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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