Morning Note /
Turkey

Turkey: We are starting the day weaker

  • Fed’s slightly hawkish tone caught markets by surprise and UST10s gave back all of its recent rally and climbed to 1.59%

  • Although the first rate hike is not before 2023 and initial tapering framework will not be set before this fall

  • We have our own Central Bank monetary policy meeting this afternoon at 14:00

Batuhan Ozsahin
ATA Invest
17 June 2021
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