Yields on Kenya’s Eurobonds jumped to their highest level in 17 months as jittery investors sold frontier market bonds after the announcement of US tariffs, with the NSE also continuing its slide with a further Sh35.4 billion drop in investor wealth.
The bearish sentiments on Kenya’s offshore debt mirrored other African issuers such as Zambia, Angola and Gabon, which saw their yields rise into double digits.
