Worst Week in Year for Iraqi Bonds

By John Lee.

Bloomberg reports that Iraqi bonds have had their worst week in a year, as a result of the escalating violence in the country.

Yields on January 2028 debt rose five basis points to 6.93 percent, taking this week’s increase to 55 basis points, the most since the period ended June 21, 2013.

(Source: Bloomberg)

(Bonds image via Shutterstock)