Senegal’s Bond Selloff Reveals Investor Angst on Debt Rework

Investors who had been holding out hope that Senegal could avoid a default are changing tack, selling its short-dated bonds as they expect losses ahead.

By Ray Ndlovu and Mpho Hlakudi · Bloomberg Markets

Investors who had been holding out hope that Senegal could avoid a default are changing tack, selling its short-dated bonds as they expect losses ahead.