Investors prop up Turkish levels despite shocks

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Investors prop up Turkish levels despite shocks

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M6X8F5 S-400 Triumf medium-range and long-range surface-to-air missile system rolls down Moscow's Tverskaya street during a Victory Day military parade, Rus | Alamy Stock Photo

The US has ousted Turkey from the F-35 stealth fighter programme because the country has begun receiving components of the Russian S-400 missile system. Meanwhile, the central bank’s credibility is damaged and an interest rate decision is only a week away. Does the bond market care? It seems not.

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