{"id":554297,"date":"2021-12-28T04:33:37","date_gmt":"2021-12-28T04:33:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/"},"modified":"2021-12-28T04:33:37","modified_gmt":"2021-12-28T04:33:37","slug":"it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/","title":{"rendered":"It was a terrible, horrible, no good year for bonds (except for EMs)"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-09\"><\/a><strong> 2021 looks set to register the worst year for the global bond market since 1999<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/7d11b596-7c0b-453b-a61f-9295d4103634\">Financial Times<\/a> reports. Barclays global bond index, which tracks USD 68 tn worth of corporate and sovereign bonds, has delivered a negative return of 4.8% for the year so far as investors flee government debt on the back of rising global inflation. Portfolio managers largely expect the bond market to continue to struggle next year as central banks move to raise rates in an attempt to curb rising prices. Nevertheless, some say bonds could recover in 2022 if equities begin to wobble on the back of tighter policies from major central banks.<\/p>\n<p><strong>The silver lining:<\/strong> <strong>The best-performing bonds this year were all issued by emerging<\/strong><strong> markets<\/strong>, according to data compiled by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-12-26\/global-bond-winners-for-2021-all-came-from-emerging-markets?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. The only sovereign bonds to register a positive return this year were those issued by South Africa, China, Indonesia, India and Croatia, as coupon returns offset price drops. Collectively, EM bond markets fell 1.3% in 2021 \u2014 but avoided a more major drop despite the hawkish turn from the US Fed.<\/p>\n<p><strong>And our bond market should remain attractive: <\/strong>Coupons and interest rate differentials will be the deciding factors for EM fixed-income investors in a tightening monetary environment next year, one analyst told Bloomberg. <strong>That bodes well for Egypt<\/strong>, which has one of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f4b1d297-1400-4fd8-830d-014978686b44\">the highest real interest rates<\/a> in the world \u2014 a key factor in reducing volatility.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,850<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +9.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>11,161<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +28.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>8,404<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: +66.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>3,188<\/p>\n<\/td>\n<td>\n<p>+0.9% (YTD: +27.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>4,791<\/p>\n<\/td>\n<td>\n<p>+1.4% (YTD: +27.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>7,372<\/p>\n<\/td>\n<td>\n<p>- (YTD: +14.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 75.87<\/p>\n<\/td>\n<td>\n<p>+0.4%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 4.06<\/p>\n<\/td>\n<td>\n<p>-<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,812.90<\/p>\n<\/td>\n<td>\n<p>+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 50,796.10<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>THE CLOSING BELL-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.1% yesterday<\/strong> on turnover of EGP 946.7 mn (29.1% below the 90-day average). Foreign investors were net buyers. The index is up 9.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>Sidi Kerir Petrochemicals (+2.8%), Oriental Weavers (+2.0%) and Speed Medical (+1.5%).<\/p>\n<p><strong>In the red: <\/strong>Rameda (-3.4%), CIRA (-2.8%) and GB Auto (-2.8%).<\/p>\n<p><strong>Major Asian benchmarks are in the green this morning <\/strong>with the exception of Shanghai, which was (slightly) in the red at dispatch time. The S&P 500 hit a new record overnight, but we\u2019re looking at a mixed open in Europe and futures suggest shares in Wall Street will open in the red later today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2021 looks set to register the worst year for the global bond market since 1999, the Financial Times reports. Barclays global bond index, which tracks USD 68 tn worth of corporate and sovereign bonds, has delivered a negative return of 4.8% for the year so far as investors flee government debt on the back of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[836,82,7106,115,72,119,349,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554297","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-bond-market","tag-bonds","tag-debt","tag-emerging-markets","tag-enterpriseam","tag-financial-markets","tag-interest-rates","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"ccf296b0-ab6c-42bb-9ed2-b5090e1808b3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[554274],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>It was a terrible, horrible, no good year for bonds (except for EMs) - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It was a terrible, horrible, no good year for bonds (except for EMs)\" \/>\n<meta property=\"og:description\" content=\"2021 looks set to register the worst year for the global bond market since 1999, the Financial Times reports. Barclays global bond index, which tracks USD 68 tn worth of corporate and sovereign bonds, has delivered a negative return of 4.8% for the year so far as investors flee government debt on the back of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-28T04:33:37+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"It was a terrible, horrible, no good year for bonds (except for EMs)\",\"datePublished\":\"2021-12-28T04:33:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\"},\"wordCount\":385,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"bond market\",\"Bonds\",\"debt\",\"emerging markets\",\"EnterpriseAM\",\"Financial Markets\",\"interest rates\",\"Planet Finance\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\",\"name\":\"It was a terrible, horrible, no good year for bonds (except for EMs) - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-12-28T04:33:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"It was a terrible, horrible, no good year for bonds (except for EMs)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"It was a terrible, horrible, no good year for bonds (except for EMs) - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/","og_locale":"en_US","og_type":"article","og_title":"It was a terrible, horrible, no good year for bonds (except for EMs)","og_description":"2021 looks set to register the worst year for the global bond market since 1999, the Financial Times reports. Barclays global bond index, which tracks USD 68 tn worth of corporate and sovereign bonds, has delivered a negative return of 4.8% for the year so far as investors flee government debt on the back of [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-12-28T04:33:37+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"It was a terrible, horrible, no good year for bonds (except for EMs)","datePublished":"2021-12-28T04:33:37+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/"},"wordCount":385,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["bond market","Bonds","debt","emerging markets","EnterpriseAM","Financial Markets","interest rates","Planet Finance"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/","name":"It was a terrible, horrible, no good year for bonds (except for EMs) - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-12-28T04:33:37+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/it-was-a-terrible-horrible-no-good-year-for-bonds-except-for-ems\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"It was a terrible, horrible, no good year for bonds (except for EMs)"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":599480,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/14\/the-treasury-market-is-continuing-to-forecast-a-us-recession\/","url_meta":{"origin":554297,"position":0},"title":"The treasury market is continuing to forecast a US recession","author":"enterpriseam admin","date":"14 August 2023","format":false,"excerpt":"Emerging-market debt is sustaining its rally even as US yields continue to rise","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/648.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542704,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/high-rates-upcoming-passive-inflows-bode-well-for-egyptian-bonds\/","url_meta":{"origin":554297,"position":1},"title":"High rates, upcoming passive inflows bode well for Egyptian bonds","author":"enterpriseam admin","date":"12 January 2022","format":false,"excerpt":"Egypt\u2019s bond market is poised for more gains this year thanks to our attractive interest rate, which is currently the world\u2019s highest after adjusting for inflation, several global asset managers tell Bloomberg. Amid a global bond rout prompted by the Federal Reserve\u2019s decision to accelerate plans to hike rates, analysts\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/138.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565971,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/with-egypt-as-a-superstar-global-interest-in-frontier-market-debt-is-on-the-rise\/","url_meta":{"origin":554297,"position":2},"title":"With Egypt as a superstar, global interest in frontier market debt is on the rise","author":"enterpriseam admin","date":"19 May 2021","format":false,"excerpt":"Global interest in frontier market debt is rising as investors search for higher-yielding assets, the Financial Times reports. Craig McLeod, head of emerging markets at electronic bond trading platform MarketAxess, says that the world of low interest rates and diminishing returns in traditional fixed-income markets is pushing investors to look\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/396.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548787,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/22\/debt-distressed-emerging-markets-arent-going-to-be-issuing-a-lot-of-bonds-next-month\/","url_meta":{"origin":554297,"position":3},"title":"Debt-distressed emerging markets aren\u2019t going to be issuing a lot of bonds next month","author":"enterpriseam admin","date":"22 August 2022","format":false,"excerpt":"It\u2019s going to be a quieter September than normal for debt-distressed EMs: Analysts expect junk-rated emerging markets to continue to shy away from international bond markets as they struggle with high borrowing costs and dwindling FX reserves, Bloomberg reports. Morgan Stanley, Goldman Sachs and JPMorgan all have low expectations for\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582817,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/rallies-in-em-assets-global-bonds-go-into-reverse-on-rate-fears\/","url_meta":{"origin":554297,"position":4},"title":"Rallies in EM assets, global bonds go into reverse on rate fears","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"The great 2023 global bond rally goes kaput: The rally in the global bond marketthat marked the first few weeks of the year has gone into reverse as stubborn inflation and a resilient US labor market reverse cause investors to rethink their assumptions that central banks are almost done raising\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/USD-Asian-1600px-1.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548571,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/14\/forget-the-fed-whats-going-on-in-emerging-markets-could-be-more-important-for-some-bond-investors\/","url_meta":{"origin":554297,"position":5},"title":"Forget the Fed: What\u2019s going on in emerging markets could be more important for some bond investors","author":"enterpriseam admin","date":"14 August 2022","format":false,"excerpt":"Not all eyes are trained exclusively on the Fed\u2019s next move \u2014 bond investors are worried about a potential wave of defaults, writes the Financial Times\u2019 markets editor Katie Martin. Market watchers could be paying too much attention to whether or not the US Federal Reserve will continue to raise\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=554297"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554297\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/554274"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=554297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=554297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=554297"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=554297"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=554297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}