Selloffs Provoke 10bps Yield Increases On Nigeria’s US Dollar Bond

Expectations that the US Fed may lower fund rates in the third quarter of 2024 put pressure on sellers of Nigerian US dollar bonds, also known as sovereign Eurobonds, on the international market. The high interest rate environment among international central bankers, coupled with increased economic risk and a negative interest yield, hastened a quick … Continue reading Selloffs Provoke 10bps Yield Increases On Nigeria’s US Dollar Bond