Disliked{quote} USDTRY marching higher. 10 y bonds over past 2 weeks taking the strongest hit in last few years as the dropping lira adds quickly to the short term borrowing costs for Turkey. Central bank currently only using words to scare the markets, but without action there is no way to stop the liquidation. Turkeys fate lies on elections in June, a wrong vote is a death sentence. {image} {image}Ignored