Bloomberg News

London Hedge Funds Keep Turkey’s Two-Year Bond Yields Lower

November 29, 2012

Halk Securities strategist Isik Okte comments in e-mail. * London-based hedge funds mark Nov. 30 as end of fiscal year * Traders’ bonuses, hedge fund performance linked to close on Nov. 30 * Bond yields’ direction may change after Nov. 30 * NOTE: RSI on benchmark bonds below 30 -- overbought territory -- since Oct. 30; RSI at 14.5 today * NOTE: Turkey’s central bank expected to cut interest rates at its meeting next month

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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