UPDATE 2-Turkish central bank paves way for rate hike after lira slide – Reuters

July 15, 2013
By

Hurriyet Daily News
UPDATE 2-Turkish central bank paves way for rate hike after lira slide
Reuters
The yield on 10-year government bonds fell, as did the cost of insuring Turkish debt, with five-year credit default swaps down 11 basis points from Friday to 208 bps, according to Markit. “The CBRT (central bank) bows to the inevitable … clearly
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