In Nigeria’s sovereign Eurobond market, sell pressure on the short, mid, and long ends of the yield curve resulted in a 0.13% increase in the average yield, which reached 9.6% in the previous week. The market has been responding to US Fed rate cuts, while the local authorities raised the benchmark interest rate to 27. … Continue reading Nigeria’s Eurobond Yield Surges To 9.6% As Foreign Investors Relax