Turkey Yields Fall Most in Week as Bank Says Inflation to Slow
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Turkey bond yields dropped the most in more than a week after the central bank reiterated it expects inflation to slow in the fourth quarter.
Yields on benchmark two-year debt fell 12 basis points, or 0.12 percentage point, to 7.63 percent at the close in Istanbul, the most since Aug. 27, after rising 13 basis points yesterday. The lira strengthened less than 0.1 percent to 1.8173 per dollar after dropping 1.3 percent last month.