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sd-10-EFTA01458760Dept. of Justice

EFTA Document EFTA01458760

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Jeffrey - we're following up our phone calls earlier this week with two trade ideas: 1) Buy Turkey 5y CDS - currently @ -253 • It seems Turkey has rallied recently on the back of the broader macro EM rally and FOMC dovishness, although fundamentally not much has changed in Turkey • General elections are taking place this weekend, which have created increased tension within Turkey and continue to generate headlines • Recent opinion polls still point to another hung parliament (additional

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Dept. of Justice
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sd-10-EFTA01458760
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