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

Bloomberg Markets · Jun 5, 2026, 7:20 AM · Also reported by 2 other sources

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.

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