Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
TURKEY
- Local & USD rates open on the back foot this morning with weak global risk sentiment continuing to drive yields higher.
- UST yields moved sharply higher at the start of the US session, dragging EM FI with them. TurkGB yields rose +10-52bp across the curve with the 3 & 7Y most offered, while USD yields eked out minor bull steepening gains with the 2Y -14.5bp lower on the day.
- W/w the TurkGB curve stands +42-48bp bear steeper in 7-10Y yields, while the USD curve is +23-42bp bear flatter in 1-10Y yields.
- The 5Y CDS has resumed its move higher and is up +21bp since Friday’s close just shy of 640.
TurkGB Curve w/w
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok