Turkish Bond Yields Decline, Lira Gains as Core Inflation Slows
By Selcuk Gokoluk - Jan 3, 2012 5:10 AM ET
Turkish yields dropped for the first time in three days and the lira strengthened as core inflation slowed in December.
Yields on the two-year benchmark note fell six basis points, or 0.06 percentage point, to 11.42 percent at 10:51 a.m., according to the RBS Istanbul Benchmark Bond Index. The lira appreciated 0.3 percent to 1.8896 per dollar.
More:Turkish Bond Yields Decline, Lira Gains as Core Inflation Slows - Bloomberg
