Frontier Daily, 15 November: US 10y drop; Egypt, Gabon gains; Sri Lanka losses
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Gabon sees strongest spread narrowing yesterday (-13bps) after military junta announces elections to take place in 2025
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EM eurobonds rally 1% after 19bps plunge in US 10-year yields yesterday – long duration LatAm names see largest benefit
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Egypt +1.9% on resumed Israeli gas flows, Ecuador -1.3% as last week's sell-off sparked by Noboa comments continues
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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