Business

Why African Bond market taste bitter right now

The sell-off in US government bonds is upending everything from stocks to the African Eurobond market, as investors readjust their portfolios amid rising Treasury yields at the highest levels in about 16 years.


The US Federal Reserve recently confirmed its hawkish rhetoric, which poses problems for African bond issuers, who will face increasing debt repayments.


The decline in the region is mainly due to external factors.