Turkey's 10-year bond yield rises after inflation higher than expected

04 Aug, 2014

ISTANBUL: Turkey's 10-year benchmark bond yield rose to 9.30 percent on Monday after July inflation came in higher than expected, from 9.18 percent before the data announcement.

Turkish consumer prices rose 0.45 percent month-on-month in July, exceeding a forecast of a 0.15 percent rise in a Reuters poll, for a year-on-year increase of 9.32 percent, the Turkish Statistics Institute said.

Read Comments