10 Countries With The Highest 10-Year Bond Yields Today

3. Turkey

10-Year Yield: 10.5%

Turkey’s 10-year bond yield has been well above 10% for the largest part of 2017, touching 11.62% in January, what put it on our list of countries with the highest 10-year bond yields today. The country registered economic growth of 2.1% in the second quarter, but its core inflation rate (which excludes energy, food, alcohol, tobacco, and gold) reached 10.2% in August, well above the central bank’s target of 8%. With high inflation levels, the central bank is keeping the monetary policy tight, with benchmark repo rate set at 8%, despite the opposition from president Recep Tayyip Erdogan.

Pixabay/Public Domain