Lira Extends Drop as Russian Jet Downing Raises Turkey Risk

Updated on
  • Lira heads for third day of declines, most in a month
  • Two-year government bond yields set for highest since October

Turkey’s lira dropped a third day, headed for its longest losing streak in a month, after the downing of a Russian jet escalated tension between the two nations. Bonds also extended declines while stocks gained.

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