Photographer: Kerem Uzel/Bloomberg

Erdoganomics Pushes Turkey Credit Risk Above Junk-Rated Russia

Updated on
  • Turkey CDS widen most since Sept. on political turmoil in May
  • Nation’s debt riskier than Russia for first time in two years

Unpredictable politics and a clouding economic outlook have persuaded investors that Turkey’s debt is now a riskier bet than junk-rated Russia.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.