Market Talk: Turkısh Lıra, Bonds Weaker

The Turkish lirabonds are weaker on worries that the financial crisis in Greece would spread to PortugalSpain. USD/TRY trades at 1.5430 from 1.5270 Wednesday. Meanwhile the benchmark January 25, 2012 bond trades at 9.78% from 9.6% Wednesday. Analysts forecast TRY to trade between 1.52801.5550the benchmark bond to trade between 9.7%9.85%, in the short term.