Oct. 6 (Bloomberg) -- Turkish bond yields declined after the central bank said it expected core inflation to peak at 8 percent in the fourth quarter.
Yields on two-year benchmark debt fell 11 basis points to 8.43 percent at 11:29 a.m. in Istanbul.
The central bank’s preferred measure of core inflation, which excludes energy, food, tobacco and gold prices, jumped to a 2 1/2-year high of 7 percent in September from 6.2 percent a month earlier, the statistics agency said on Oct. 3.
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