Africa Bonds Rally on Iran-Israel Truce, Lower Oil Prices

Africa Bonds Rally on Iran-Israel Truce, Lower Oil Prices
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African bonds surged as investors flocked to high-yield assets following the Iran-Israel truce. Lower oil prices eased inflation fears, boosting real rates across the continent.

  • African dollar bonds surged 1%, outpacing broader emerging markets.
  • Investor confidence rose due to the Iran-Israel truce and lower oil prices.
  • Lower inflation expectations boosted real rates in African markets.
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