Offshore sell off, FG issuance seen taking yields to 15%
By Sell off by investors in response to rising U.S yields, federal government issuance and repatriation by investors ahead of forthcoming elections are combining to send yields higher and analysts see it hitting 15 percent. Last week, performance in the T-Bills market was bearish, as a result average rates across all tenors advanced 20basis points…
Please visit http://www.businessdayonline.com/exclusives/article/offshore-sell-off-fg-issuance-seen-taking-yields-15/ to access this member content.
The post Offshore sell off, FG issuance seen taking yields to 15% appeared first on BusinessDay : News you can trust.