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TurkGBs Bull Flatten as CBRT Eyes Key Changes

TURKEY
  • Local & USD rates unch this morning, having gained some bullish traction in yesterday's session.
  • The Local curve closed bull flatter in yesterday's session, drifting -15-21bp lower in 5-10Y tenors.
  • Similarly, USD bonds also caught a somewhat more muted bid, moving -1.5-3.6bp lower in 2-7Y yields with a marginal bull steepening bias.
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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