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TurkGBs Cling Onto Gains w/w

TURKEY
  • Local rates open on the front foot this morning with 3 & 7Y yields down 5 & 15bp.
  • This follows on from broad gains across the curve in yesterday’s session with yields falling-22-41bp with the 5Y most bid on the day.
  • W/w the TurkGB curve stands 20-94bp lower across the breadth with the belly outperforming.
  • USD bonds, meanwhile have underperformed w/w with yields up +2-11bp with a marginal bear steepening bias holding.
  • TurkGB Curve w/w


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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