Kenya's Equity Group Holdings said on Wednesday it had launched a lending facility worth 75 billion Kenyan shillings ($685 million) to help small and medium-sized enterprises (SMEs) recover from the economic impact of the COVID-19 pandemic.
The yield on the benchmark 10-year Treasury note is in a long-term trend lower and, with financial markets awash in cash, it could zigzag down to -0.5% a year from now, even if it drifts up from current levels, according to Guggenheim Investments.
Kenya's Equity Group Holdings said on Wednesday it had launched a lending facility worth 75 billion shillings ($685 million) to help small and medium-sized enterprises (SMEs) recover from the economic impact of the COVID-19 pandemic.
YPF bonds rallied on Thursday after the Argentine state energy giant said it had received support from holders of almost 60% of its bond maturing next month to restructure the debt, helping defuse near-term default fears.
President Joe Biden on Tuesday withdrew the nomination of Neera Tanden to be his budget director after she ran into stiff opposition over tweets that upset lawmakers, in the first Capitol Hill rebuff of one of his nominees.