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Thursday, October 06, 2011

Turkish Yields Drop After Bank Sees Core Inflation Peaking at 8% - Bloomberg

Turkish Yields Drop After Bank Sees Core Inflation Peaking at 8%

By Selcuk Gokoluk - Oct 6, 2011 10:31 AM GMT+0200

Turkish bond yields declined after the central bank said it expected core inflation to peak at 8 percent in the fourth quarter.

Yields on two-year benchmark debt fell 11 basis points to 8.43 percent at 11:29 a.m. in Istanbul.

More:Turkish Yields Drop After Bank Sees Core Inflation Peaking at 8% - Bloomberg