2xohzwseqdq00[1e6)k2d9ld_media_dl_1.png Bloomberg (Bloomberg) — Investors are increasing bets that Turkey’s central bank will need to raise interest rates, as higher energy costs keep inflation elevated and a political crisis puts pressure on the lira. Sign In or Create an Account Swap markets are now pricing in a rate hike at the June 11 Monetary Policy Committee meeting, with overnight indexed lira swaps jumping about 105 basis points on Friday to imply a funding rate of roughly 41.75%.