Macro Analysis /
Global

Flattening bias in global bonds likely to persist as inflation fears intensify

  • Forex: Record coffee exports to boost dollar inflows, which should help quell the recent bout of UGX weakness

  • Fixed Income: Global inflation fears remain entrenched, pointing to further bear flattening for bonds

  • Macroeconomic: Appetite for higher-yielding emerging market assets returns

Flattening bias in global bonds likely to persist as inflation fears intensify
Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
19 October 2021
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