African Eurobonds Weaken As Rising U.S. Treasury Yields Trigger Risk-Off Sentiment

African Eurobond markets traded on a mildly bearish footing as elevated U.S. Treasury yields pressured emerging-market debt, prompting investors to reassess the timing of potential interest rate cuts by the U.S. Federal Reserve. Debt market analysts noted that profit-taking emerged across multiple maturities, as investors moved to lock in gains amid growing uncertainty over the … Continue reading African Eurobonds Weaken As Rising U.S. Treasury Yields Trigger Risk-Off Sentiment