Macro Analysis /

Strong correlation between African Eurobond yields and implied Fed fund rates

  • Forex: Widening current account deficit weighing on the Kenyan shilling

  • Fixed Income: African Eurobond yields surge as markets price in tighter monetary policy conditions in the US

  • Macroeconomic: Elevated food and energy prices are driving inflation in Africa higher

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
13 July 2022
Published byETM Analytics


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