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Wednesday, December 15, 2010

Turkish bond yield at record low as rate cut eyed | Reuters

"Turkish bond yield at record low as rate cut eyed

ISTANBUL | Tue Dec 14, 2010 2:42am EST

ISTANBUL Dec 14 (Reuters) - Turkey's benchmark bond yield opened at a fresh record low on Tuesday as most analysts said they saw a rate cut this Thursday after the central bank said rate cuts and higher reserve ratios would help counter a soaring current account deficit and inflows of hot money."

More:Turkish bond yield at record low as rate cut eyed | Reuters