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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 remain unch this morning, having closed yesterday’s session broadly firmer.
- TurkGBs outperformed their USD counterparts with yields dipping -11-44bp across the curve. 2-5Y yields fell -25-44bp with 3Y yields most bid on the day.
- W/w, however, TurkGBs have remained mostly on the backfoot, heading into the new year with a bear steepening bias holding this week with 7-10Y yields up +54-61bp.
- The 5Y CDS has mirrored USD/TRY price action this week, drifting slowly higher since Monday (+8.7bp).
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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