Global

Frontier Daily, 14 February: US 10y up 14bps; Pakistan gains; Ecuador losses

  • US 10-year rates jump 14bps to 4.31% as inflation overshoots; EM eurobonds see biggest loss since Jan 3, -0.7%

  • Ecuador eurobonds down 1.7% on reversal after 13.9% YTD rally fuelled by VAT increase and IMF deal talks

  • Pakistan eurobonds up 0.6%, rebounding amid coalition talks; result could hinder mandate and reform implementation

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February 14th, 2024
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