Turkish Bond Yields Rise First Time in Five Days; Lira Weakens

Turkish bond yields rose for the first time in five days and the lira weakened against the dollar.

Yields on two-year benchmark debt climbed four basis points, or 0.04 percentage point, to 8.51 percent at 9:38 a.m. in Istanbul. The lira depreciated 0.2 percent to 1.8116 per dollar, paring its gain this year to 4.2 percent.

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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