The Turkish debt capital market (DCM) is expected to expand further, with the outstanding DCM likely to reach $550 billion by 2027 despite market volatility, Fitch Ratings said in a new assessment. "Growth will be driven by high external financing needs, upcoming maturities, fiscal deficits and funding diversification goals. However, market volatility and reduced external buffers could constrain activity and keep funding costs high," the rating agency said on Tuesday [...]