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Turkey Local Rates Out Of Favour as 7Y Yield Bumps Up +11bp

  • Local rates marginally higher at the open, as upside pressure from yesterday's session persists.
  • 7Y local most offered yesterday +11bp, while USD yields were mixed to higher across the curve.
  • USD10Y holding below 5.70, trickling lower. 15Y looking vulnerable above 6.25.
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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