Macro Analysis /
Global

African bond yields surge as central banks turn more hawkish

  • Forex: Currency weakness drives Ghana’s debt to GDP ratio to 78% of GDP at the end of Q1

  • Fixed Income: African bonds sell off as central banks turn hawkish

  • Macroeconomic: Tightening global monetary conditions is amplifying the shortage of dollar liquidity across Africa

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
25 May 2022
Published byETM Analytics

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