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Friday, May 02, 2014

Turkey’s Bonds Rally With Stocks on Interest-Rate Cut Wagers - Businessweek

Turkey’s Bonds Rally With Stocks on Interest-Rate Cut Wagers
By Selcuk Gokoluk May 02, 2014

Turkish bonds rose, pushing yields down to a five-month low, and stocks jumped as the central bank offered more funding to lenders two days after Governor Erdem Basci said he may cut borrowing costs.

More:Turkey’s Bonds Rally With Stocks on Interest-Rate Cut Wagers - Businessweek