Attention Economy


Wednesday, July 4, 2018

Risk Premium and Interest Rates - The Case of Turkey

An excellent case study: That 16% Turkish Yield Looks Awfully Tempting
“Ten-year Turkish lira-denominated government bonds yield about 16.7 percent, a very long way from, say, German bunds at 0.3 percent, or even Russian ruble bonds at 7.7 percent. If the lira stands still, or even depreciates at a modest pace, the returns would still be substantial.”