Türkiye’s five-year credit default swap (CDS), a key measure of sovereign risk, fell to 217 basis points, its lowest level since Feb. 18, as expectations of easing geopolitical tensions in the Middle East and recent domestic liquidity management steps improved market sentiment.

Türkiye’s five-year credit default swap (CDS), a key measure of sovereign risk, fell to 217 basis points, its lowest level since Feb. 18, as expectations of easing geopolitical…

The cost of insuring exposure to Türkiye's sovereign debt fell Wednesday to its lowest level in about six-and-a-half months, as expectations of...