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Market Impact: 0.42
Gabon’s Bond Yields Surge With Debt Numbers Raising Questions
Source: Bloomberg
Sovereign Debt & RatingsEmerging MarketsCredit & Bond MarketsInvestor Sentiment & Positioning
Gabon’s dollar-denominated bonds are the worst-performing emerging-market sovereign debt this week after investor calls on planned new issuance raised concerns over the government’s debt disclosures. The uncertainty has driven bond prices lower and yields sharply higher, increasing financing-risk perceptions for Gabon.
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