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TurkGBs Sustain Bull Flattening Momentum W/W

TURKEY
  • Local & USD rates unch this morning, having continued to bull flattening momentum in yesterday's session to close the week firmly on the front foot.
  • USD bonds, however, saw muted price action, ending mostly flat on the day.
  • W/w the local curve trades -40-52bp lower in the 7-10Y portion of the curve, while the USD curve is positioned -4-10bp bull steeper in 1-9Y tenors for the week.
  • Risk premia trade -8.582bp lower on week, having failed to hold below 380 in yesterday's session.

  • W/W Change TurkGBs


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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