Nigeria’s Eurobond yields edged higher last week as investors reassessed risk across emerging markets following renewed signals that US interest rates could remain elevated for longer, increasing pressure on frontier-market debt, including Nigeria’s.
According to Meristem Securities, average yields on Nigerian Eurobonds rose by 7 basis points to 6.93 percent from 6.86 percent in the previous week, reflecting broad-based selloffs across tracked instruments.
The investment firm attributed the movement to the US Federal Reserve’s decision to
