You’ll recall the following from Fitch:
The Trump administration represents a risk to international economic conditions and global sovereign credit fundamentals. U.S. policy predictability has diminished, with established international communication channels and relationship norms being set aside and raising the prospect of sudden, unanticipated changes in U.S. policies with potential global implications.
*TURKEY 5-YR CDS FALL TO 234BPS, LOWEST SINCE JULY COUP ATTEMPT pic.twitter.com/L2cUhmRbkq
— Walter White (@heisenbergrpt) February 15, 2017