Monday, January 19, 2015

Erdogan’s ‘I’ll Call Them’ Fuels Turkish Rate-Cut Bets - Bloomberg

Erdogan’s ‘I’ll Call Them’ Fuels Turkish Rate-Cut Bets
By Constantine Courcoulas and Onur Ant Jan 19, 2015 7:11 AM ET

Photographer: Kiyoshi Ota/Bloomberg

While foreigners are pulling money from lira bonds, Turkish investors are loading up on the securities on bets interest rates will decline.

More:Erdogan’s ‘I’ll Call Them’ Fuels Turkish Rate-Cut Bets - Bloomberg