It won't, but you might find the accuracy lacking due to the less than optimal bullet weight. 154 grain Turk works well in the long barreled rifles (like my 98/22), but you'll probably find better accuracy with 196-198 grain ammo.
It is fairly hot ammo, the brass is quite brittle and may split and lastly the primers require a HARD strike or it will misfire. Clean your bolt and firing pin and you won't have a problem.
I wound up pulling down 700 rounds of it and reloaded it into winchester cases. It uses a very good german flake powder originally loaded at about 46grains.
I did some testing and my K98K's and my G98-40 like 41 grains for optimal accuracy but at 39grains I have really good accuracy and the lighter recoil is easier on my rifles.
I also use the powder to make some nice shooting cheap pulled 150grain 30-06 loads for my 1917 & 03-A3 those I load at 42grains of powder.