Yields on Nigerian US dollar bonds rose slightly to 9.60% due to recent sell-offs by foreign portfolio investors trading in the Eurobond market. Concerns about Nigeria’s local economic conditions, rising debt levels, and expectations of persistent inflation throughout the year have weakened demand for Nigeria’s sovereign Eurobonds. Following two months of slowing inflation, Nigeria saw … Continue reading Nigeria’s US Dollar Bonds Yield Increases To 9.60% Over Selloffs