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Turkish Markets Swept Up in Relief Rally as Election Risk Passes

(Bloomberg) The lira appreciated, government bonds gained and the costs to insure Turkish debt against default fell after President Recep Tayyip Erdogan signaled support for status-quo economic policy. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownTrump Pays $175 Million Bond to Avert Asset ....

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