![ICE Data Services on X: "After a period of relative bullishness, investors turned risk averse on Turkey's sovereign credit after its central bank governor was replaced. 5-year Turkey CDS spreads are +167 ICE Data Services on X: "After a period of relative bullishness, investors turned risk averse on Turkey's sovereign credit after its central bank governor was replaced. 5-year Turkey CDS spreads are +167](https://pbs.twimg.com/media/ExF4JaHXAAQurAX.png)
ICE Data Services on X: "After a period of relative bullishness, investors turned risk averse on Turkey's sovereign credit after its central bank governor was replaced. 5-year Turkey CDS spreads are +167
![Does credit default swap spread affect the value of the Turkish LIRA against the U.S. dollar? - ScienceDirect Does credit default swap spread affect the value of the Turkish LIRA against the U.S. dollar? - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S2214845016300710-gr3.jpg)
Does credit default swap spread affect the value of the Turkish LIRA against the U.S. dollar? - ScienceDirect
![Emre Akcakmak on X: "Steep jump in Turkey CDS (proxy, perceived default risk) to 780bps. Though, let's clarify (assuming "certain" rhetoric): high CDS is more of an outcome than cause. Even at Emre Akcakmak on X: "Steep jump in Turkey CDS (proxy, perceived default risk) to 780bps. Though, let's clarify (assuming "certain" rhetoric): high CDS is more of an outcome than cause. Even at](https://pbs.twimg.com/media/FUz83lrWAAEFAlC.png)
Emre Akcakmak on X: "Steep jump in Turkey CDS (proxy, perceived default risk) to 780bps. Though, let's clarify (assuming "certain" rhetoric): high CDS is more of an outcome than cause. Even at
![Holger Zschaepitz on X: "#Turkey CDS price jumps >600, highest level since 2003 as investors become nervous again w/Turkey FX reserves fell to $64.1bn. https://t.co/xmWRy76nEK" / X Holger Zschaepitz on X: "#Turkey CDS price jumps >600, highest level since 2003 as investors become nervous again w/Turkey FX reserves fell to $64.1bn. https://t.co/xmWRy76nEK" / X](https://pbs.twimg.com/media/EUqR4fiUcAAqhf7.jpg:large)
Holger Zschaepitz on X: "#Turkey CDS price jumps >600, highest level since 2003 as investors become nervous again w/Turkey FX reserves fell to $64.1bn. https://t.co/xmWRy76nEK" / X
![Emre Akcakmak on X: "Technical take on #CDS #Turkey. High CDS indicates high risk (price of insurance goes up), but doesn't have much direct impact itself (CDS might be 1000 but not Emre Akcakmak on X: "Technical take on #CDS #Turkey. High CDS indicates high risk (price of insurance goes up), but doesn't have much direct impact itself (CDS might be 1000 but not](https://pbs.twimg.com/media/FVc9-CkWYAElT9Q.png)
Emre Akcakmak on X: "Technical take on #CDS #Turkey. High CDS indicates high risk (price of insurance goes up), but doesn't have much direct impact itself (CDS might be 1000 but not
![5 0 7 on X: "CDS excelimizi bir tazeleyelim. Korelasyon çalışmak isteyenler için tekrar; Türkiye CDS tarihçesi 2000-2021 xls... https://t.co/xTnP5hxwmH https://t.co/KqYvSN3la6" / X 5 0 7 on X: "CDS excelimizi bir tazeleyelim. Korelasyon çalışmak isteyenler için tekrar; Türkiye CDS tarihçesi 2000-2021 xls... https://t.co/xTnP5hxwmH https://t.co/KqYvSN3la6" / X](https://pbs.twimg.com/media/EwH6UOqXEAAGMEX.png)
5 0 7 on X: "CDS excelimizi bir tazeleyelim. Korelasyon çalışmak isteyenler için tekrar; Türkiye CDS tarihçesi 2000-2021 xls... https://t.co/xTnP5hxwmH https://t.co/KqYvSN3la6" / X
![Michael Nicoletos on X: "Turkey's CDS market is discounting that Erdogan will likely lose next week's upcoming elections. #Turkey https://t.co/C7xXYQ8n2S" / X Michael Nicoletos on X: "Turkey's CDS market is discounting that Erdogan will likely lose next week's upcoming elections. #Turkey https://t.co/C7xXYQ8n2S" / X](https://pbs.twimg.com/media/Fv7AMp5WIAcxC-z.png)
Michael Nicoletos on X: "Turkey's CDS market is discounting that Erdogan will likely lose next week's upcoming elections. #Turkey https://t.co/C7xXYQ8n2S" / X
![bne IntelliNews - Lira a ticking time bomb as Turkey's 5-year credit default swaps surpass 700-level bne IntelliNews - Lira a ticking time bomb as Turkey's 5-year credit default swaps surpass 700-level](https://d39raawggeifpx.cloudfront.net/styles/16_9_desktop/s3/articleimages/Screenshot_2023-05-23_at_11.47.00.png)