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TurkGB Curve Steepens Ahead of The FOMC Meeting

TURKEY
  • Local & USD rates remain Unch this morning, having closed mixed in yesterday’s session.
  • The TurkGB curve steepened at both ends with 2Y yields falling -42bp and 7-10Y yields rising +16bp in response to choppy price action in USTs and pre-Fed jitters.
  • USD bonds slipped into the red with the curve bear steepening +5.7-7.8bp in 10-15Y yields.
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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