Turkey Risk Premium at Highs Ahead of Second Elections Round by Crypto Horizon

Investing.com – Turkey’s risk premium, which awaits the second round of voting for the May 28 presidential election, has reached its highest level in nearly 10 months..

The yield of Turkish bonds in US dollars became higher than that of US Treasury bonds by 661 points on the same maturity date.

The risk premium ahead of Friday’s presidential election was 456 basis points.

Urgent: Strong shifts in the markets.. Gold towards the 1950s, the dollar is jumping strongly, and stocks are rising. Also read |

Second round of elections, credit risk premium rise/h2

Following the announcement of a presidential run-off, Turkey’s 5-year credit risk premium rose rapidly the day after the election, reaching its peak in the past six months..

And last week, the credit risk premium fell below 500 points for the first time in the past six months.

Latest dollar/TL position/h2

The Turkish lira continued to decline against the US dollar.

After reaching a record price of over 19.91, the price has dropped today to 19.78. The USD/TL volatility has increased in recent days after it showed some balancing on the charts for a while.

While speculation increases that volatility may increase further as the second round of elections approaches, we are eagerly waiting to see what chart we will see after the elections..