South African Bonds on Brink of Junk Status

FAN Editor

This article was originally published on ETFTrends.com.

A falling local currency in conjunction with rising government debt yields are bringing South African bonds to the brink of junk status as the likelihood of a credit rating downgrade increased as the country’s lawmakers expect wider budget deficits and lower growth forecasts. Additionally, Finance Minister Tito Mboweni said government debt will peak within two […]

Continue Reading Below

Read more at ETFTrends.com >

Free America Network Articles

Leave a Reply

Next Post

Trump’s ‘Greatest Idea’ for a 2014 Law

In his midterm campaign rallies, President Donald Trump has repeatedly made the preposterous claim that he came up with “the greatest idea” for “veterans choice” — a program that was launched in 2014 during the Obama administration. He also claimed it took “44 years” to get the legislation passed. In […]