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Monday, April 09, 2012

Turkish Yields Rise After Industrial Output Surges in February - Bloomberg

Turkish Yields Rise After Industrial Output Surges in February
By Selcuk Gokoluk - Apr 9, 2012 4:35 AM ET

Turkish yields rose and the lira erased its losses after industrial production increased more than expected in February.

Yields (BENCH) on two-year benchmark bonds climbed four basis points, 0.04 percentage point, to 9.36 percent at 10:04 a.m. in Istanbul. The lira erased losses as much as 0.3 percent and traded little changed at 1.7960 per dollar.

More:Turkish Yields Rise After Industrial Output Surges in February - Bloomberg