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View Full Version : Turkey Yield Curve Normalizes at Short-End as Funding Costs Drop - Bloomberg



NewsWhore
01-30-2012, 11:00 AM
Turkey Yield Curve Normalizes at Short-End as Funding Costs Drop (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF-8-TkkwZSqaF_VMdXwVEShNSAzg&url=http://www.bloomberg.com/news/2012-01-30/turkey-yield-curve-normalizes-at-short-end-as-funding-costs-drop.html)
Bloomberg
The currency weakened 18 percent last year in the worst performance worldwide after a current-account deficit at 10 percent of gross domestic product hurt investor sentiment. Its depreciation also contributed to a rise in inflation.

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