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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 unchanged so far this morning, having firmed in yesterday's broadly risk-on environment.
- TurkGBs moved -4-10bp lower across the curve with outperformance concentrated in 5-7Y tenors (-7-10bp).
- Similarly, the USD curve also tracked -6.3-8.4bp lower across the breadth.
- Turkey's 5Y CDS moved below key support at 380 in yesterday's session, dipping -6.448bp on the day and -11.588bp since Monday.
- Next major support is seen at the 11 June low (366.786).
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.
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