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Finance

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

Bloomberg Jun 5, 2026 2h ago ⏱ 1 min read 👁 3 views

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

Image via Bloomberg

📋 Article Summary

44 words

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. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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