---
title: Turkey Rates to Stay Put as Middle East War Impedes
description: "Treasuries (close 2026-07-21): 2s 4.26% (+5.0bp), 10s 4.63% (+3.0bp), 30s 5.13% (+2.0bp). Tape (close 2026-07-21): VIX 17.05, 2s10s +37bp."
source: Helious
canonical: "https://helious.io/news/brief-2026-07-22/turkey-rates-to-stay-put-as-middle-east-war-impedes"
---

Daily brief
              22 Jul 2026, 21:05 UTC



# Turkey Rates to Stay Put as Middle East War Impedes Disinflation, 10s +3bp — desk brief, Wed 22 Jul 2026



            Treasuries (close 2026-07-21): 2s 4.26% (+5.0bp), 10s 4.63% (+3.0bp), 30s 5.13% (+2.0bp).

Tape (close 2026-07-21): VIX 17.05, 2s10s +37bp.

Narrative: UniCredit: Has the Iran War Become Background Noise for FX?

What mattered:

- Turkey Rates to Stay Put as Middle East War Impedes Disinflation
- Berenberg: UK Outlook
- South African Inflation Jumps on Eve of Interest Rate Verdict
- Thai Bond Rally Gathers Pace as Supply Falls, Inflation Slows
- Alphabet Earnings Need to Show Cloud Growth as AI Spending Soars






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