Turkish Bond Yields Fall After Treasury Sells Debt at Lower Cost
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Turkish bond yields fell for the third day after borrowing costs declined at the sale of 3.74 billion liras ($2.43 billion) of three-year debt, double the amount in April.
Yields on benchmark two-year bonds dropped seven basis points to 8.34 percent at 5:30 p.m. in Istanbul, according to the RBS Istanbul Benchmark Bond Index.