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Turkey Currency Crisis Eclipses Government Bond Yields But Rates Bounce Back

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Turkey’s president, Recep Tayyip Erdogan, bailed out the U.S. Federal Reserve by … parachute on the country’s currency. The Turkish lira plummeted in … the U.S. dollar is a safer bet than the Turkish lira … was right. The 30-year U.S. Treasury bond yield, which …

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