China Rebound – Back with a Vengeance | Tactical Allocation Channel etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
THE STANDARD By
Dominic Omondi |
March 16th 2021 at 00:00:00 GMT +0300
National Treasury CS Ukur Yatani during a briefing with Council of Governors on the county revenue allocation formula. [Wilberforce Okwiri,Standard]
When he took over from Henry Rotich as the Cabinet Secretary for National Treasury, Ukur Yatani was likened to the biblical Moses in that he was seen as the man to deliver Kenya out of what some analysts have described as “Eurobondage.”
Ambassador Yatani’s immediate task was to clean the Exchequer, bringing to an end the unbridled borrowing where loans were being hawked within the corridors of Treasury Building.
Yatani s change of heart drags Kenya back to Eurobondage standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
March, 3, 2021
LONDON (Reuters) - Just when developing economies were ready to bask in the post-COVID rebound in global growth, in sweeps a bond market blaze to scorch them again.
Most major investment banks were predicting a stellar 2021 for emerging market assets as long as one crucial snag - global borrowing costs rising too fast - was avoided. Well guess what, they are on a tear.
February saw their steepest monthly gain since Donald Trump’s shock 2016 U.S. presidential election win and, though the move comes from record low levels, for emerging markets now carrying nearly $80 trillion worth of debt it has been painful few weeks.
Rising U.S. bond yields dampen investor attraction EMs already reeling from defaults, tourism hit But repeat of 2013 taper tantrum not anticipated “Real” U.S. yields still low Current account deficits mostly reversed
LONDON, March 1 (Reuters) - Just when developing economies were ready to bask in the post-COVID rebound in global growth, in sweeps a bond market blaze to scorch them again.
Most major investment banks were predicting a stellar 2021 for emerging market assets as long as one crucial snag - global borrowing costs rising too fast - was avoided. Well guess what, they are on a tear.
February saw their steepest monthly gain since Donald Trump’s shock 2016 U.S. presidential election win and, though the move comes from record low levels, for emerging markets now carrying nearly $80 trillion worth of debt it has been painful few weeks.