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Once a Turkey Bull, Algebris Shifts to CDS as Credit Risks Rise

Bloomberg

BusinessBloomberg·Jun 5, 2026·1 min read

Once a Turkey Bull, Algebris Shifts to CDS as Credit Risks Rise

Algebris Investments is buying default protection on Turkish bonds, as it sees a higher probability of a credit event with the Iran war increasing strains on the economy.

View original source — Bloomberg ↗

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