Deutsche Bank stated that a rally is expected in Turkish bonds in the coming months.

◻️Deutsche Bank stated that although Turkish bonds have provided positive returns since March, they have underperformed compared to foreign exchange carry transactions.

◼️The report emphasized that bonds have struggled in the short term but a rally is expected in the coming months.

◻️The reasons for the decrease in performance were; the difficult disinflation process, the high carry yields making foreign exchange attractive and low sensitivity to external factors.

✒️Ekotürk