BlackRock Snaps Up Turkish Bonds as Goldman Sounds Warning

(Bloomberg) BlackRock is adding Turkish bonds to its portfolios even as Goldman Sachs says the country’s policy makers are “doing everything wrong.” Out of the five most-traded Turkish dollar bonds, the world’s biggest money manager added four to its positions in the third quarter, according to a filing on July 27. That’s barely a month after the average yield on Turkish dollar debt jumped to the highest since 2009….

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