African Eurobonds Advance As Investors Adjust Positions On Softer U.S. Dollar

African Eurobonds, including Nigeria’s U.S.-denominated sovereign instruments, posted gains last week as foreign investors repositioned their portfolios amid a weaker U.S. dollar, rising unemployment concerns, and delayed inflation data releases in the United States. Global investors reassessed opportunities across Africa, showing renewed interest in commodity-linked issuers like Nigeria, and expressing positive sentiment toward Angola, Egypt, … Continue reading African Eurobonds Advance As Investors Adjust Positions On Softer U.S. Dollar