{"id":32510,"date":"2025-11-01T04:24:06","date_gmt":"2025-11-01T04:24:06","guid":{"rendered":"https:\/\/kamucalisanlari.net\/?p=32510"},"modified":"2025-11-01T04:24:06","modified_gmt":"2025-11-01T04:24:06","slug":"pimco-siyasi-calkantilar-uzerine-turk-tahvil-pozisyonunu-azaltti","status":"publish","type":"post","link":"https:\/\/kamucalisanlari.net\/index.php\/2025\/11\/01\/pimco-siyasi-calkantilar-uzerine-turk-tahvil-pozisyonunu-azaltti\/","title":{"rendered":"Pimco siyasi \u00e7alkant\u0131lar \u00fczerine T\u00fcrk tahvil pozisyonunu azaltt\u0131"},"content":{"rendered":"<p><p>New York merkezli 1,95 trilyon dolarl\u0131k para y\u00f6neticisinin geli\u015fmekte olan piyasalar ekibi ba\u015fkan\u0131 Pramol Dhawan, \u201cT\u00fcrkiye i\u00e7in hala olumlu d\u00fc\u015f\u00fcn\u00fcyoruz ancak pozisyonumuz art\u0131k daha k\u00fc\u00e7\u00fck\u201d dedi. Dhawan, siyasi \u00e7alkant\u0131lar\u0131n \u201chem uluslararas\u0131 yat\u0131r\u0131mc\u0131 g\u00fcveni i\u00e7in hem de T\u00fcrkiye\u2019deki kurumlar i\u00e7in y\u0131k\u0131c\u0131\u201d oldu\u011funu belirtti. \u0130mamo\u011flu\u2019nun mart ay\u0131nda tutuklanmas\u0131, T\u00fcrk liras\u0131 varl\u0131klar \u00fczerinde bask\u0131 yarat\u0131rken, siyasi bask\u0131 sonucunda piyasa dostu politikalardan uzakla\u015f\u0131labilece\u011fi endi\u015felerini de k\u00f6r\u00fckledi. Bu \u015fu ana kadar ger\u00e7ekle\u015fmese de T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 (TCMB) verilerine g\u00f6re yabanc\u0131 yat\u0131r\u0131mc\u0131lar 4 Nisan\u2019a kadar ge\u00e7en \u00fc\u00e7 haftada net 4,85 milyar dolar de\u011ferinde T\u00fcrk tahvili satt\u0131.<\/p>\n<p>Dhawan, T\u00fcrk tahvillerinin yat\u0131r\u0131mc\u0131lara cazip getiriler sa\u011flad\u0131\u011f\u0131n\u0131 ve potansiyel riskler i\u00e7in yeterli getiri sundu\u011funu s\u00f6yledi. TCMB, lira varl\u0131klar\u0131n\u0131 daha cazip hale getirmek i\u00e7in mart ay\u0131ndaki \u00e7alkant\u0131 s\u0131ras\u0131nda gecelik bor\u00e7 verme faiz oran\u0131n\u0131 y\u00fczde 46\u2019ya y\u00fckseltti. Dhawan, TLREF\u2019e ve gecelik faiz oran\u0131na endeksli tahviller ile de\u011fi\u015fken faizli tahvillere yat\u0131r\u0131m yap\u0131yor.<\/p>\n<div>\n<p>Son be\u015f y\u0131lda benzerlerinin y\u00fczde 97\u2019sini geride b\u0131rakan Pimco GIS Emerging Local Bond fonunu y\u00f6neten Dhawan, \u201cAraba s\u00fcrme benzetmesini yaparsak, h\u00fck\u00fcmet gaza, TCMB ile Hazine ve Maliye Bakanl\u0131\u011f\u0131 da frene bas\u0131yor. Frene bas\u0131ld\u0131\u011f\u0131nda getiri elde ediyoruz\u201d dedi.<\/p>\n<p>Di\u011fer fon y\u00f6neticileri de toparlanma bekliyor. William Blair\u2019den Daniel Wood, ekonomik perspektif de\u011fi\u015fmedi\u011fi i\u00e7in T\u00fcrkiye\u2019nin 5-10 y\u0131l aras\u0131ndaki uzun vadeli tahvillerinin cazip oldu\u011fu g\u00f6r\u00fc\u015f\u00fcnde.Dhawan, Erdo\u011fan\u2019\u0131n enflasyonu azaltmay\u0131 hedefleyen program\u0131n\u0131 ilerletip siyasi deste\u011fini g\u00fc\u00e7lendirece\u011finden emin oldu\u011funu belirterek \u201cEnflasyonu \u00f6n\u00fcm\u00fczdeki 24 ay i\u00e7inde tekrar y\u00fcksek onlu seviyelere d\u00fc\u015f\u00fcrmeye \u00e7al\u0131\u015facaklar. Yat\u0131r\u0131m a\u00e7\u0131s\u0131ndan, al\u0131nan riskleri yeterinde telafi eder\u201d dedi.<\/p>\n<\/div>\n<\/p>\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">https:\/\/www.bloomberght.com\/pimco-siyasi-calkantilar-uzerine-turk-tahvil-pozisyonunu-azaltti-3746384<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pacific Investment Management Co. (Pimco), \u0130stanbul B\u00fcy\u00fck\u015fehir Belediye Ba\u015fkan\u0131 Ekrem \u0130mamo\u011flu&#8217;nun tutuklanmas\u0131n\u0131n ard\u0131ndan T\u00fcrk tahvil pozisyonunu azaltt\u0131.<\/p>\n","protected":false},"author":1,"featured_media":32511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[156,130],"manset":[],"class_list":["post-32510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-turk","tag-yatirim"],"_links":{"self":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/32510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/comments?post=32510"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/32510\/revisions"}],"predecessor-version":[{"id":32512,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/32510\/revisions\/32512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media\/32511"}],"wp:attachment":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media?parent=32510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/categories?post=32510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/tags?post=32510"},{"taxonomy":"manset","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/manset?post=32510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}